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

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To: DJBEINO who wrote (24382)11/20/1998 12:12:00 PM
From: Spartex  Read Replies (1) of 42771
 
Stock of the Hour  Nov 18 1998 10:50AM CST
Archives...

Novell Surging in Continuation of Steady Yearlong Uptrend

by Paul A. Alvim
Managing Editor

Novell (NOVL) gapped higher this morning after the company demonstrated a new Internet network management technology at Comdex.  The stock, which appeared on the 10:45 a.m. cdt ProSearch run of Positive Price Gaps, is up $1-1/8 to $16-3/16 on 10.8 million shares, or 218% of its 30-day average volume.  The stock is now above strong $15 resistance, although there's minor resistance at $17-1/2. Beyond that, the stock does not encounter resistance until the $22 level!

 Disclaimer:  This report is published solely for information purposes and is not to be construed as advice to either buy or sell a security.  Trading involves risk, including possible loss of principle and other losses.

tscn.com
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