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


To: BP Ritchie who wrote (18727)11/26/1997 10:18:00 AM
From: Raven McCloud  Read Replies (1) | Respond to of 42771
 
BP, I agree that '98 will see Novl with better #s; however, in the short term I feel the old continuity of novl's trading pattern will hold in place for the next quarter or so. Whether we see 7's again is a big "IF." Mkt sentiment will continue to QUESTION the strength and savy of new management and IMO CAUTION will prevail and provide more great trading opportunities. Look how long it took IOMEGA to break free of the "story-like" contraints that powerfully effected its stock price! And they had great quarter-to-quarter growth AND awesome marketing power to grab mkt. share. AND they didn't have Microsoft to contend with.

Anyway, I'll keep accumulating small positions in my IRA everytime NOVL drops to lower levels.

I wasn't very impressed by Eric's statements on CNBC.

Regards,

Michael