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

To: joe inti who wrote (26541)	4/7/1999 2:03:00 PM
From: Paul Fiondella	Read Replies (1) \| Respond to of 42771

Buy on the dip??? Bought some May 25s.

To: joe inti who wrote (26541)	4/8/1999 10:29:00 AM
From: Phil Jacobson	Respond to of 42771

Joe, Looks like you know your stuff! Great call on the price movement. I bought some more yesterday based mostly on your call for a bottom at 23. Hope you stick around. Phil

To: joe inti who wrote (26541)	4/11/1999 12:23:00 PM
From: Jim Willie CB	Respond to of 42771

enjoy technical discussion... have found over years that stochastics are far less reliable than Relative Strength Index... in next few days, if retest of 28 falls shy, then RSI will give clear shorterm downtrend on declining volume... RSI did a classic bounce off zero levels at 23 price, now for retest of highs... with gap of 20-23, I would beware look out below NOWHERE NEAR classic oversold indicator... RSI just bounced off zero, NOT the minus 30% mark... also bounced off the nearby 50day moving average located at the gap... having trouble sustaining that gap now IMO note the systematic whacking of software companies lately -- Oracle, many ERP's including strong ITWO, and many more... hasnt arrived at Novell's doorstep... suspect it will... suspect it is the y2k effect phase one just a tech sharecropper opinion / jim willie