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


To: Paul Fiondella who wrote (26024)3/12/1999 3:48:00 PM
From: JakeStraw  Respond to of 42771
 
M.H. Meyerson & Co., Inc. Upgrades Novell, Inc. (Nasdaq: NOVL) to STRONG BUY, MARKET OUTPERFORM

JERSEY CITY, N.J., March 12 /PRNewswire/ -- The following is being issued by M.H. Meyerson & Co., Inc., a member of the National Association of Securities Dealers, CRD number 540:

M.H. Meyerson & Co., Inc. (Nasdaq: MHMY - news) announced it reiterates Novell, Inc. a ''STRONG BUY, MARKET OUTPERFORM.'' A research Report is available. The report was prepared by Norman P. Fuchs of M.H. Meyerson & Co., Inc. 525 Washington Blvd., Jersey City, N.J., 07310. For more information, contact Norman Fuchs at 201-459-9500 or 800-888-8118; web site: mhmeyerson.com.

SOURCE: M.H. Meyerson & Co., Inc.



To: Paul Fiondella who wrote (26024)3/12/1999 4:54:00 PM
From: PJ Strifas  Read Replies (1) | Respond to of 42771
 
Do you think that the lower support level could reach down to $22 or will the upcoming BrainShare conference keep market enthusiasm higher near $24?

I'm thinking with the next 2-3 weeks full of media converage (from CNET, Ziff-Davis, Network World et al) and a few selective articles in financial websites/publications we may see NOVL inch upwards to $26-27 range.

Would that characterization be far-fetched? Could $25-26 be the next resistence level? Could this "hype" period stretch to the next earnings report date? (in May?)

Just curious about tapping some call options then rolling them over each month as some of you have stated.

Peter Strifas