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


To: ToySoldier who wrote (22323)5/27/1998 12:50:00 PM
From: Paul Fiondella  Read Replies (1) | Respond to of 42771
 
As someone who has followed this stock for nearly five years

And who has been LONG as LONG can be.

"So let me ask you again Paul, if you are a LONG in NOVL, would a one day or week depression in the NOVL stock (which is being experienced across all sectors) mean a lot to you?"

Check the five year chart for the "one day decline" in Novell.

Your hype and continued hype unsupported by anything other than hype, (You don't refer to the earnings numbers, you don't cite any industry sales statistics, etc. etc.) doesn't help the LONGs. It helps the brokers trying to sell this stock to suckers.

This was an opportunity for LONGs to average down their investment by selling the stock before earnings and buying back in after. The trade could have been covered by buying just in case Calls. But that wasn't your position was it?

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Did you have a position?