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

To: Mark A. Forte who wrote (31964)5/25/2000 10:17:00 AM
From: Costa Kapantais  Read Replies (1) | Respond to of 42771
 
Is something up?, yea - people are realising that this is *not* 1996-7 all over again and at these prices Novl is near book value...absolutly over sold!



To: Mark A. Forte who wrote (31964)5/25/2000 10:21:00 AM
From: Captain Jack  Read Replies (1) | Respond to of 42771
 
Shorts should be very happy to cover now. They have made more in a few days than new buyers can expect in a decade. This is a NAS bounce-- nothing to do with novl. It has justifiably dropped much more than others and a small bounce is to be expected. the 7/32 it is up now is far from the bounce to 9... hopefully a little will hold today. Moving up by /32 is not encouraging..


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