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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: UUplink who wrote (30914)	4/4/2000 2:14:00 AM
From: PJ Strifas	Read Replies (1) \| Respond to of 42771

So does Novell participate in the pending NASDAQ upswing (if we agree that the pendulum will swings back)? If so, where is the upper near-term support level? $30-$32 range? I know the upper level reached as far as $43 some months time ago but I don't see that level within the next Q. I think Novell has strength to get back to the low-to mid-$30s level but without better than good 2nd Q numbers, it's not going to break out of that range. Novell can't afford another quarter meeting expectations on per share earnings but not revenue numbers (IMHO). Good article in this week's PC Week regarding DENIM and a time frame for it's impact... zdnet.com <<In short, by taking on more tasks and creating shorter deadlines to complete the new Novell story, the company is asking users for a lot of faith. Some, like Walter Gray, like what they're hearing from Novell. "They're talking to me, finally," said Gray, senior manager at Hughes Electronic Systems, in Germantown, Md. "They showed me the value of the product and not just some new technology. But now, they have to move fast.">> The last 2 sentences sum up Novell position. They are finally getting the right message across but how fast can Novell move? I hope as fast as the eGuide people :) Regards, Peter J Strifas