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


To: Josef Mercurio who wrote (26249)3/23/1999 5:11:00 PM
From: Spartex  Respond to of 42771
 
<<Does anybody know why the market is falling apart today??? >>

Primarily due to 2 events:

1) nasdaq has run hard since Oct. lows and this is our usual 6 month 10% correction event.

2) analyst's warnings on earnings from CPQ, then IBM, then DELL has really spoiled the chip and boxmakers stocks. Subsequently,fund managers are selling their losers into the end of the quarter (e.g. dell,cpq,orcl etc).

One big positive: NOVL is the gem in this rough.

techstocks.com

We just passed EMC up and moved into 2nd place on the 60 week performance chart!! WOW! AOL is a stretch beyond, but we'll make a run at it by year end-- GO!

I humbled by the Novell team!

QuadK