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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: E_K_S who wrote (5121)11/23/1996 3:31:00 PM
From: Joel Brussell   of 42771
 
Hello Eric:

From a technical analysis point of view, if NOVL can close (and this is a big if)
above 12.4 then the company is either in play or the fundamentals have improved drastically.
This is the magic level. Any move above this will make me a big time believer.
One other clue as to the validity of buy-out talk would be if the earnings came in below expectations and the stock sold off only to recover by the end of the day.
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