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: Joe Antol who wrote (19846)	1/28/1998 12:44:00 AM
From: Don Earl	of 42771

Hi Joe, Paul, From what I understand some traders keep two accounts. 1 long and 1 short. It's a way to get around the no shorting on a down tick rule. They just bail on the long position and ride the short down if it starts to slide. My guess would be that most of the short interest belongs to the MMs. Most of the heavily traded stocks have fairly large short interests that stay pretty constant. Just for grins take a look at MSFT, INTC etc. viwes.com Regards, Don

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