Novell (NOVL) dirt cheap, good buy? Message Board

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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Lonnie Yearwood who wrote (18715)	11/26/1997 1:21:00 AM
From: Scott Moore	of 42771

Since your holding me harmless and buying wasn't in your options, then most likely you will get your best selling price within the first 15 minutes of open. I haven't checked the short interest here, but at the first peak, it might be worth flopping you sale into a short, unless the market shows a big plus opening in the S&P futures. Then it might be better to short later in the afternoon. I have no position here, but considering shorting on any runup (but I'll go check the short interest first and may lose interest if it takes more than 7 days of volume to cover). It seems like the profit this quarter was due to investment income and not on stunning sales. If the MOAG upgrade is a decent app., then wouldn't buyers forego buying in the next two quarters until it is available? Of course, logic is no comfort for the pain of a raging short squeeze.

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