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

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To: Paul Fiondella who wrote (29204)12/3/1999 4:19:00 PM
From: Spartex  Read Replies (1) of 42771
 
<There is a buyer out there in the market! Is this an early sign of a takeover attempt?>

Paul I've been noticing since Sept. But no one was very interested in my humble speculation then. Sure the weakness in the price could be related to Slitz and Stone departure, but I sensed something more. As a refresher, here's what I said. Since then, other interesting activities are occurring. People buying 500 block Jan 35 calls, block trades of the stock with little movement in price, narrow trading range despite incredible run in naz and software sector, continued bullish outlook by the management, and backfilling the Senior VP marketing position (Slitz) with Stewart Nelson to name a few.

Message 11311577

As you know, SUNW authorized a boat load of shares during their recent annual meeting. The stock splits on Monday, Dec. 6th. I bet something happens with NOVL between now and early January IMHO. Not saying "what" that will be, but something very significant.

Good luck-- QuadK
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