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


To: Don Earl who wrote (20078)2/10/1998 10:20:00 PM
From: Serendipity  Read Replies (2) | Respond to of 42771
 
Hi Don:

Thank you for your response, which I respect. Without
try to refute any of your observations, please consider;

<<
A breakout when there shouldn't have been one.
>>

Respectfully, Why not? The beauty and power of technical
analysis is NOT TO EXPECT.

<<
And all of it happening just weeks before earnings that the
company has already projected to be flat or lower from last Q.
>>

Nothing is static in life or the market. Fundamentals have and are improving with NOVL, IMO. Open mind and flexibility is needed. 24th
will tell all.

<<
There were two good entry points for a long position
in the last few weeks. 6 7/8 and...
>>

:-) just lucky <ggg>

<<
The first position should have been closed the next
day at 7 3/8 and the second the first time it touched 8.
>>

By whom? For what reason? Where would have been the next entree? What if the stock continued going up? Wasn't the wrong and unsolicited suggestion made to me, by a well meaning poster, "to take 1/2 point off?" He had not taken the position or even himself! These are serious questions...

Well, let's not waste time debating what is already past.
Let's go on and "get along." <GGG> People have different goals and horizons...Stock market is not a "one size fits all." lol

<<
NOVL doesn't look good to me at all right now.
>>

No surprise to me! Why should you be pleased? You had posted, if I recall correctly, you did not like it even in six area.

<<
I don't know if that explains the reason for my opinion
but it's about the best I can do. Good luck.
>>

I respect your views highly, even where we don't agree.

Regards,

Seren.