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

To: Paul Fiondella who wrote (22328)5/27/1998 1:03:00 PM
From: Spartex  Read Replies (1) | Respond to of 42771
 
Paul:

Well, good luck with your June 12.5 calls. I'm strictly holding only shares as I anticipated a general market correction (consolidation) in the May-June period this year, and options don't work well with external events affecting individual stock performance. I could see NOVL moving back up to 11 1/4 and maybe 11 3/4 by June 19, but only with some positive recommendations or very positive marketing agreements with large companies.

10 dollars seems to be the special magnetic force on NOVL shares for the moment. I'm sure 12.5 will be the next attraction, but we're just not there for the moment.

Regards,

QuadK



To: Paul Fiondella who wrote (22328)5/27/1998 3:41:00 PM
From: Marc Newman  Respond to of 42771
 
<<Let them buy in and take the price back up. Please by all means. Have Mr. Smart give them all a call and tell them they are missing the boat on the Novell bargain. Buy on the correction.>>

Not sure if this is directly relevant here but Fred has been calling the NOVL stock action phenomenally well on the AOL board for the last year or so. Including the last few weeks.

Regards,
Marc


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