Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ghassan I. Ghandour who wrote (22298)	5/26/1998 9:04:00 PM
From: Paul Fiondella	Respond to of 42771

Fair Enough Ghassan Unfortunately the Novell slide started well before the slide in other techs today as I posted on this thread in the AM. Also keep in mind that a correction in the stock market is likely to hit Novell harder than other stocks both because of its recent speculative momentum type run up. Take away the Bull market and the momentum and what have you got?

To: Ghassan I. Ghandour who wrote (22298)	5/26/1998 9:18:00 PM
From: Steve Fancy	Respond to of 42771

Ghassan, that's why I feel the way I do...on top of an overvalued market. I'm on record here as saying I think they're gonna make it, just may be a little more rockiness ahead yet. regards, sf

To: Ghassan I. Ghandour who wrote (22298)	5/27/1998 10:23:00 AM
From: ToySoldier	Read Replies (1) \| Respond to of 42771

Ghassan, I agree. The stock drop in NOVL is completely related to a general correction in the markets. The tech. stocks seem to be targetted big time. I looked around this morning and every tech stock I looked at has been taking a hit. Some much worse than others. NOVL has faired quite well considering that the next big news wont be until the NetWare 5 release. I would think there will be un-expected announcements here and there. To say that ppl predicted this stock to drop because of its own merits is not a fair statement. This stock is down because of the general market, not because of its own doings. When the correction finishes, this stock will again return to the $11 range until early July. I would consider the low $10s as a good buying opportunity. Toy