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


To: Lyle Bean who wrote (24511)11/24/1998 10:19:00 PM
From: Paul Fiondella  Read Replies (1) | Respond to of 42771
 
I take it all back

NOVL will hit 18.75 tomorrow. Next quarter will be better than this one. Buy on the dip.

And please tell Jill to take my posting privileges away again.



To: Lyle Bean who wrote (24511)11/25/1998 12:36:00 AM
From: Paul Engel  Read Replies (3) | Respond to of 42771
 
Lyle - Re: "Novl has burned alot of people in the past. "

You are telling this to Fiondella?

He crashed and burned in a ball of FLAMES !

Paul



To: Lyle Bean who wrote (24511)11/25/1998 11:13:00 AM
From: dwight vickers  Read Replies (1) | Respond to of 42771
 
You make a great point. It has always paid to sell NOVL after earnings. And when the bullishness in the press is so overwhelming. (Not to mention the high fiving here)

So I sold at the open at $18 3/4.

Will "the new NOVL" go higher? Maybe. Anything can happen short term. But the run so far has been enough to make me expect a correction.

$15ish retest of the major breakout would be my guess.

But one doesn't have to look very far to see all the speculative money in this market.

Dwight