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Strategies & Market Trends : Position Trading Forum

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To: Jane4IceCream who wrote (1375)9/10/1998 6:15:00 PM
From: Canuck Dave  Read Replies (3) of 7247
 
Why NOVL you ask? Two reasons...

One is fundamentals. They've got some half decent network products coming on line this month. Novell thread is pretty lively lately and on balance positive about company direction (lately).

Two is technical. Stronger than market as a whole lately and definitely showing a lot of strength the last couple of days. May be due for breakout.

I understand they've had problems the last few years and the stock buy-back plan may be a red herring.

To each his own

CD

p.s. I think you mean "shudder" rather than "shutter"
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