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


To: EPS who wrote (22127)5/19/1998 10:22:00 PM
From: Don Earl  Respond to of 42771
 
Hi Victor,

I tend to think of "slow" days as those where everything I follow is too expensive to buy or not expensive enough to sell. Today was slow, although I did pick up some stuff toward the end of the day (not NOVL). Since interest rates are the steady and the "crisis" is over again, I figure the techs should be good for a 3 or 4 day romp. I still watch NOVL for amusement purposes but starting a position on a company with a 3 year history of declining revenue at these levels doesn't interest me. If it moves to 8 then starts to reverse, I might think about it. I'll go back to lurking mode where I check the (off topic) stuff every few days. Good luck.

Regards,

Don



To: EPS who wrote (22127)5/20/1998 12:18:00 AM
From: Alan C. Zezula  Read Replies (2) | Respond to of 42771
 
Yes Victor,

Just another slow day smashing through major resistance of 11 1/8 and making a new 52 week high with volume running 2 1/2 times above average.

A real yawner, but I guess you and Quad K will take anything that you can get <ggg>.

Regards, Al