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

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To: jim A who wrote (5705)12/10/1996 12:02:00 PM
From: TJC   of 42771
 
>>If everything was OK with this co. going forward, then NOVL would be
>> moving. Techs up 35 over last 2 days and NOVL flat.

Using your same formula... If VLSI is going forward, then it would be moving. VLSI down 2.64% (compared to Novell's 1.29%) as of 11:30am.

As was stated, a lot of the traders here are long term. I was definitly short-term initially, but I've decided to hold long-term (1 year + depending on move). Your position and statements are entirely correct for short-term gains, it doesn't look good. It will take at least another quarter to gain much of anything.

Tom

Eric- Thanks you very much for taking the time to post your analysis of Novell. Much appreciated...
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