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

To: Don Earl who wrote (22125)	5/19/1998 5:03:00 PM
From: EPS	Read Replies (2) \| Respond to of 42771

Hi Don, Well if you consider today *slow* wait to see what happens tomorrow... Good action today.. more analysts coming out with upgrades.. market seems to have confidence that NOVL will hit the numbers. Could it be that we will see a GAP tomorrow? Cheers! Victor

To: Don Earl who wrote (22125)	5/20/1998 10:39:00 AM
From: Paul Fiondella	Read Replies (1) \| Respond to of 42771

(Off Topic) Market timing On Gold. Its just under $300, my entry point. An opportunity to take a short term profit happened last month. I'm watching to see how much lower it will go before adding to my initial position. Dwight got in last Fall during the market down swing and you might ask him whether he sold into the rally.

To: Don Earl who wrote (22125)	5/26/1998 10:47:00 AM
From: Paul Fiondella	Read Replies (1) \| Respond to of 42771

A trading strategy for NOVL that seems to work In the past we have had the run up to earnings, a week before the date, pushing the price up followed by the sell-off. Was this time different? Yes. Biggest change has been the brokers buying into the stock, in anticipation of or dreaming about a "turnaround". Since we know market psychology is more important than fundamentals, Novell got good hype. Even now after the numbers it is a "hold". So the sell-off waited until the earnings this time (usually it doesn't)to see if there was an upside surprise. A trading strategy that seemed to work for this situation. Buy out of the money Calls to protect against the upside surprise and sell the stock short at the best price as close to the runup to earnings date as possible. Any comments?