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

To: BP Ritchie who wrote (18087)	10/23/1997 10:04:00 AM
From: BP Ritchie	Respond to of 42771

Wow! ... talk about 'depressed' ... I just looked at my stock quotes page ... everything has turned red (trading at daily low, making new lows) ... I guess that NOVL is probably going to be swept up in the trend too!

To: BP Ritchie who wrote (18087)	10/23/1997 4:27:00 PM
From: dwight vickers	Read Replies (1) \| Respond to of 42771

BP, And the Magic Eight Ball says.......... Actually there is still public tax loss selling until the end of the year, but my observation has been that the public selling has not led to the old Jan. bounce the last year or two, but the bounce has been in November. Depending on how beaten up a stock has gotten during the selling, and if it has cleaned up its corporate act or not, always determines what happens after the bounce. Looking at the NOVL chart from last year shows a jump from $9 1/4 to $11 1/2 in a very short period. That jump was off the lows, up to that point. The bounce, if we get one, doesn't have to wait until Nov. It could start anytime. Dwight