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

To: Spartex who wrote (24466)	11/24/1998 9:01:00 AM
From: ToySoldier	Respond to of 42771

I would agree Quad. I think that a good number of the longs are long because they had some loyalty or emotion to the stock. They are now being rewarded for it. Most others had already written off NOVL as a bad investment IMO. So I also dont think that $18 will be a strong resistance. NOVL got a PR boost on MSNBC yesterday and Quad and I are both predicting a minimum of .02 above the predicted .09. If that does prove to happen then I think we will see NOVL in the $19 range very quickly. I think the $20 will be a psychological barrier and NOVL might bump against that ceiling a couple times. IMO. Being that today is Earnings day - anyone else want to make any predictions as to the earnings number? Toy