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

To: Spartex who wrote (23410)8/6/1998 12:23:00 AM
From: Kryptonite  Read Replies (1) | Respond to of 42771
 
I believe the test of one's dedication and faith is in how they behave when the market pulls a move like we are experiencing this week. I don't claim to be a big investor, but I finally got out of a bad stock and plowed the proceeds into NOVL. Increased my current position by 10%. Hope we start taking off now!



To: Spartex who wrote (23410)8/6/1998 10:08:00 AM
From: Peter Bernhardt  Read Replies (1) | Respond to of 42771
 
After hitting a two-year high only a short time ago, NOVL is now tip-toeing on its 200-day MA. I think there's some good support here and I've taken the opportunity to add to my position.

With Netware 5 due out soon, I still like NOVL's prospects over the next year to 18 mos. On the downside, we could speculate that this Q's numbers could be dismal and whether or not this is the cause of the sell-off. We'll know for sure by August 20.

- Peter B


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