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

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To: Ben Antanaitis who wrote (22655)6/13/1998 11:53:00 AM
From: Spartex  Read Replies (2) of 42771
 
Ben:

Hmmm, MM's just may try to guide the price lower, but assuming the market rally's next week, Schmidt makes a strong appearance at the NY Expos Conference (Pfeifer of CPQ presents on Tues 16th a.m., Schmidt on Wed. 17th I believe), and the Morgan Stanley Dinner on Wed. June 17 (I think Schmidt will be present) could make those who are short on NOVL or have written many covered/naked calls jump out of their seats in a hurry <grin>. My gut tells me NOVL is going to make an attempt at the 13+ hurdle next week. Just my educated best guess, as Asian affects and any other pre-announcement warnings in the tech sector can always shift the picture.

BTW, does anyone know what if Morgan Stanley currently covers NOVL, and if so, what is their rating: hold, accumulate, buy? Thanks.


Regards,

QuadK
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