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


To: fb who wrote (25063)1/20/1999 1:38:00 PM
From: Spartex  Respond to of 42771
 
<<Nasdag up over 50 today while NOVL is down. Can anyone explain. >>

Must be solar spots or some other kind of astrological phenomena interfering with the positive price movement of NOVL. Then again fb, if you've been around a while, this isn't the first time NOVL's done this!! LOL! My advise, just get used to it, and be patient. If you are playing options.......you are at the mercy of expiring premiums.

Seriously though, it appears MSFT's earnings have really helped support (pump) the boxmakers and chips today, and cash is flowing in strongly to these sectors and the telekoms. On the other hand, some internets are really lagging today with some downgrades put out. Novell is still one month or so away from earnings report, so its not unusual to see it somewhat ignored why fund managers feast on nearterm earning's stocks. Money seems to be moving strongly into the largest of techs stocks today.

Regards,

QuadK



To: fb who wrote (25063)1/20/1999 2:39:00 PM
From: Spartex  Read Replies (1) | Respond to of 42771
 
TEXT-Greenspan's House testimony on the economy

Wednesday January 20, 1:58 pm Eastern Time

biz.yahoo.com