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 (20904)	3/9/1998 5:13:00 PM
From: Spartex	of 42771

Paul: You might be able to explain block purchases and price movement better than I to Rich Young. My thoughts are that the MM were just gathering up enough shares below 10 1/2, if that larger order was in place, and once they had enough inventory, they let the price rise to the block purchase, even if it was 1/32 above the ask, right? Nonetheless, I'm amazed at YHOO, AMZN and others moving up 6%+ today. Don't really know if that party is going to end in a sizzle or a bang. But it is giving NOVL a good option to throw tech cash at IMO. Regards, Quad-K

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