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: vinod Khurana who wrote (18843)	12/2/1997 4:22:00 PM
From: BP Ritchie	of 42771

Well VK ... the price touched 8 1/2 late today ... then someone bought 30,000 shares (at 8 11/16!) ... was that you? Are you a long again? If you are ... then the stock will certainly go up to 12 1/2 soon, right? On balance ... I guess that today wasn't too bad. All the tech stocks went down ... and the volume of NOVL trading seems to be drying up ... I didn't watch that closely today, but I think there was a bunch more short sales today ... short interest might be at new highs by now! ... Seems that not too many more people are willing to sell at these prices though, so maybe it will be heading up again in the next few days? Alphonse ... R U there? ... did you do some more selling this week?

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