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

To: vinod Khurana who wrote (18947)	12/6/1997 11:01:00 PM
From: David O'Berry	Respond to of 42771

OFF TOPIC... Vinod, I too have watched the Corel debacle and been amazed at the fall. I feel as though I dodged a serious bullet because I was interested in a large chunk of this stock in between seven and eight. I thought they would be first to market with their Java suite based on some things I had heard and read. I held off and then they announced the suspension of their Java product and whammo the stock got slaughtered. I like the stock for a couple of reasons now including the fact they are maintaining the concurrent license setup they have always had while MS is scrapping their similar program. I have a site with 400 concurrent licenses for Corel 8.0 and they are very happy with the product. This should be a good play here but I am wary of any more large block dumping by NOVL. What are the support/resistance levels? Any idea?