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

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To: EPS who wrote (23429)8/13/1998 12:12:00 AM
From: Marc Newman  Read Replies (1) of 42771
 
Victor, thank you for your thoughts. I admit that I have heard some estimates for .50 as well as .40 for 1999. It's feasible. I suppose sales would really pick up if Microsoft would admit that NT 5 isn't coming until 2000 ...

I doubled my position today so I now have my typical NOVL trading stake. Like I said to Joe Antol earlier in the year, I try to make investments in NOVL but keep bailing out with gains instead. But I see a lot of similarities here with Apple, a stock I've been successful with. If I can continue to add shares in the sub-$12 range I will probably designate some as "hands off" until I see how NW 5 comes out of the box, etc. My target for Nov.-Dec. is $18.

Marc
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