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Technology Stocks : Novell looking up

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To: TJC who wrote (103)3/12/1997 4:41:00 PM
From: jim A   of 288
 
I unfortuantley didn't sell the the PM
before earnings, even though deep-down i has a feeling they were
going to diappoint. Now we're heafing lower, and todays
down volume indicates we still have a ways to go.
Many beaten down stocks can/will approach book value.
IMO NOVL likely will not but you never know, especially if we
see a 10% market correction. I still think upper 7s is likely
and the 7.5 otions activity indicates this.
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