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: Paul Fiondella who wrote (18732)	11/26/1997 10:38:00 AM
From: BP Ritchie	of 42771

Last month short interest: Short Int as of 10/97 12,135,635 Avg daily Volume 2,457,266 Days to cover 4.94 So, it's down a tiny bit ... but, I saw some more (probably) short sales this morning ... not large orders though. I think the total short position is about 4% of outstanding shares, much less than some companies (> 20%) ... but still not very comforting! Strange physcology? ... but, it sure seems like there are some people willing to bet that Novell is heading lower. I still don't understand the Stock market, especially 'traders'!

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