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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: BP Ritchie who wrote (17914)10/10/1997 2:06:00 PM
From: Steve Fancy   of 42771
 
Hi BP, IMO, although some of the weaker hearted shorts may have helped fuel the rise yesterday, I doubt that many bailed. Seems that short interest did not drop much last time the stock spiked up like this. I'll bet that many of the shorts got back in at 10-10 1/2.

The Island limit orders only show me that at least as far as they are concerned, sell limit orders outnumber buy limit orders by about 3 to 1. I like the order to sell at 15. Interesting info, but I don't think you can tell much from it.

Good luck.

sf
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