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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Linda T who wrote (45251)6/18/1999 6:27:00 PM
From: Spartex  Respond to of 120523
 
Linda, Yes, patience is the key word my friend.

<<But I think it has great potential to go higher>>

I agree, and a CEO who can't be beat IMHO. I can see $30-35 by year end, and into the mid-$40's by middle-end of next year for NOVL. Even my dad had the conviction to take a lot of his VLSI and FORE gains and put them into NOVL when it corrected from upper $20's, in the $22 range.

Appreciate your nice comments on foresight, but even I missed out on YHOO and AMZN when they were respectively near the bottom of their all time (single digits) lows after they became public, but I was always intrigued by how YHOO kept enriching their web sights (esp. stock ones =;-).

Its sometimes hard to evaluate such a large universe of tech stocks sufficiantly, but with the internet there are great tools to accelerate information on brokers ratings, earnings estimates etc. Smart (due diligence) people will always win at this game if they buy a stock undervalued, based on their homework.

Right now I believe CDN (Cadence Design) still looks reasonably price in the $13's for a 1-year plus buy and hold, which could reach the low $20's range. Best wishes on your investments! Regards, QuadK