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


To: BJP1946 who wrote (18676)11/25/1997 3:05:00 PM
From: Rich Young  Respond to of 42771
 
<<More, the stock acts like it's bottomed.>>

There are thousands of poor souls out there and here on this thread that have made this exact same assessment & lost their asses. I respect your experience, insight & opinions, but this one statement alone could be the thing you look back at when you're second-guessing yourself tomorrow. I'm holdin the Dec 10 calls, too, so I hope you're right. I haven't "bet" any more than I'm willing to lose & I'm sure you haven't either. But I probably won't be the only one here to tell you that this kind of pre-earnings "setup" has happened before with disastrous consequences. Granted, that was under "old management", but the CFO & lots of other top managers are all still there, so my guess is that the culture hasn't shifted dramatically yet. Good luck to you & all of us here who believe in Novell.

Rich



To: BJP1946 who wrote (18676)11/25/1997 5:06:00 PM
From: Jim McCormack  Read Replies (1) | Respond to of 42771
 
Jan 10's look good....

Based on the earnings it looks as if the calls pointed the way... The traders always seem to know. Novell continues to confuse ands confound me.

At any rate I'm out at 10 last month so I'm watching from here. Hope everyone is long....

Bye bye - Back to lurking.

Jim