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

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To: Paul Fiondella who wrote (26024)3/12/1999 4:54:00 PM
From: PJ Strifas  Read Replies (1) of 42771
 
Do you think that the lower support level could reach down to $22 or will the upcoming BrainShare conference keep market enthusiasm higher near $24?

I'm thinking with the next 2-3 weeks full of media converage (from CNET, Ziff-Davis, Network World et al) and a few selective articles in financial websites/publications we may see NOVL inch upwards to $26-27 range.

Would that characterization be far-fetched? Could $25-26 be the next resistence level? Could this "hype" period stretch to the next earnings report date? (in May?)

Just curious about tapping some call options then rolling them over each month as some of you have stated.

Peter Strifas
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