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

To: Mark A. Forte who wrote (24375)	11/20/1998 8:52:00 AM
From: Frederick Smart	Read Replies (1) \| Respond to of 42771

>>I'm going to start another new thread "Novell looking down". We've been trying to work with Groupwise. Kind of buggy. >> Mark: Great to hear you getting bearish right now. This bodes well for a very strong continuation of the move. You've been a long term Novell watcher. Like, Joe Antol, Paul F., Eric, Vinod, Salah and others. When each of these guys put their showdown hand of bearish frustration on the table, the stock stared them down, held its ground and quickly began to go higher. I take cues like this very seriously. Its a measure of sentiment. The huge volume during the last two days is a signal like no other. Yet what's so great is that this new money doesn't care about the Mark Forte's of the world. Money seeks return, period. Novell is a massive turnaround play. The street hasn't begun to climb on board. Just think of the tension that going through the minds of every technology analyst that's following this story. They've been on autopilot with Microsoft. Now the field is changing. Now is the time when they have to put up or shut up. The market will not let these guys climb aboard easily. Merrill, Salomon Smith Barney, Morgan Stanley Dean Witter, Prudential - the goliaths of full service firms have yet to acknowledge any of what's been going on with this company. These analysts are paid BIG BUCKS to know, understand and act on these trends, but their firms will only let them pull the trigger AFTER certain conditions are met. With each day Novell remains up here the tension for these gorillas to climb on board grows and grows. Sure, we may seen a short term softening retracement, but only grudgingly. Mark, you are wasting your time...... Sorry to see you get off this train.