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

To: vinod Khurana who wrote (18936)	12/5/1997 11:54:00 AM
From: BP Ritchie	Read Replies (1) \| Respond to of 42771

What happened to the > 12 1/2 prediction? ... or is that next month? ... or next quarter? ... or the next time you're long?

To: vinod Khurana who wrote (18936)	12/6/1997 4:00:00 AM
From: Don Earl	Respond to of 42771

Hi vinod, I think what you're seeing is the dead cat bounce effect that is characteristic of short covering after a sharp drop. There's a gap at 9 1/8 that might fill. The FED meets on the 16th and the Anals are spreading FUD about interest rates as usual. I think Net Ware sales are going to be kind of slow until MOAB is released. Border Manager could probably fill the gap if they were working harder to market it. But the 30 day wonder press releases they consider marketing has pretty much faded from memory by now. 3 weeks? I doubt it. If we see anything over 9, it will happen in the next few days, and I tend to suspect it will stop at around 8 7/8. 12 1/2 before next summer? Never happen. For those betting on a turn around and the MOAB release, put it away for six months and save your strength. Check the price once in March to see if you want to average down, and forget about it. Regards, Don