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

To: Steve Fancy who wrote (18814)12/1/1997 3:45:00 PM
From: DJBEINO  Respond to of 42771
 
User loyalty buoys NetWare
www8.zdnet.com



To: Steve Fancy who wrote (18814)12/1/1997 3:48:00 PM
From: DJBEINO  Respond to of 42771
 
The flashes of brilliance PC Week Labs encountered
in its review of the first beta of Novell Inc.'s Moab
may not be enough to re-establish the company's
NOS dominance, but they indicate strong signs of
life.
www8.zdnet.com



To: Steve Fancy who wrote (18814)12/1/1997 4:10:00 PM
From: Don Earl  Read Replies (1) | Respond to of 42771
 
Hi Steve,

Yep, a big gap and no support level before about 7 3/4. It failed to break through the last resistance level on this pass even with a boat load of PR to push it. With the companies announcement of potential losses for Q1, I sincerely doubt it'll see 10 this quarter. If support fails it'll be testing crash level lows. Hard saying if it will test the 52 week low but I wouldn't bet against it.

Regards,

Don


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