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

To: Frederick Smart who wrote (20799)	3/6/1998 6:19:00 PM
From: Paul Fiondella	Respond to of 42771

Fred I can't figure out your post. As I watched the market today, I found buying on the dip. And you don't believe Asia is a problem for the world economy after everything I have posted here? I hope for your well being that you are not betting everything on that 10,000 Dow.

To: Frederick Smart who wrote (20799)	3/6/1998 6:27:00 PM
From: Matthew Leo	Read Replies (1) \| Respond to of 42771

It would seem all the technicians here are bulls - so I'll comment. Novl is quite overbought. The run up we've seen the past 5 weeks is like many we've seen here in the past - a quick move up that can not be sustained. This is a trading stock if ever there was one. Stochastics is about to indicate a reversal, RSI top, it's grossly ahead of both it's trading channel and moving averages. If more proof is needed, examine todays trading action as it turned red and headed down in a sea of high tech green. regards