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


To: Steve Fancy who wrote (18901)12/4/1997 4:29:00 PM
From: Frederick Smart  Read Replies (2) | Respond to of 42771
 
Steve: I didn't start getting positive on Novell until this spring and summer when it fell below $8. My long term target has always been in the $6-8 range - which I have posted more on the MF site that here.

As anyone over there can confirm, I have advise people to stay away from the buyout rumors, Calpers crap and all the other hoopla that went on over the past 1 1/2 years.

Bottom line, I was a bear on the stock, but now I'm bullish. I called my shot and I'm willing to live with the consequences.

All I hear around these parts is the whining of those who rode this thing too early and, while they can't get it out of their system for they see the potential, are loath to turn positive in any way.

To which I will say, that's why we have a market out there and good luck!