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


To: WILLIAM BLACK who wrote (24455)11/23/1998 8:32:00 PM
From: DavidD  Respond to of 42771
 
ALL: Can someone track down the conference call info? I listened to it last time thanks to someone posting the info. Would really, REALLY like to do so again.



To: WILLIAM BLACK who wrote (24455)11/24/1998 8:52:00 AM
From: Spartex  Read Replies (1) | Respond to of 42771
 
Bill,

<<I feel that there will be considerable resistance at $18 regardless of the earnings. It appears that there will be alot of shares for sale by those who have been locked in for so long. What is your take?>>

Quite honestly, I don't believe that there are too many owners of Novell (institutional-wise) that held it since way back to the 1993-1995 days. Sure there are longterm die-hard small investors there, but I truly believe the new buyers of the stock have accumulated over the past 18 months, and they are all "in the black" with this holding. Hence, $18 doesn't appear to be a resistance to me IMHO, but of course there will come a time for NOVL to consolidate its recent gains.

Regards and good riding,

QuadK