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

To: vinod Khurana who wrote (18213)	10/29/1997 5:54:00 PM
From: Don Earl	Respond to of 42771

Hi vinod, <Something is brewing. Somebody or something is about to take this stcok on a wild ride very soon. Brace yourself. A $10 target could reap over 25% gains within weeks.> I tend to think so also. Prior to the Hong Kong crash NOVL was starting to make some very strong moves. If not for the crash I believe we would be seeing resistance breaking action by now with highs above 10 1/2. Unfortunatly the crash means there will be profit taking all the way back up unless there is a fast move before that can happen. The Street seems to forget last weeks woes almost as fast as they panic when it hits the fan. Todays move to 8 7/8 was encouraging. Hopefully a sign of a quick return to recent levels. Regards, Don