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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: TJC who wrote (7688)2/7/1997 3:36:00 PM
From: jim A   of 42771
 
For a while it appeared as though NOVL was in parallel with
the overall tech market, but the last few days have indicated
that it is not. Techs up nicely today but NOVL down.
Also notice the low volume over the last few days.
Their were over 10M shares that traded hands btwn 12.5-12.75
last week, which means many were shorting the stock or the rumors
were driving up the price.
It is becoming more apparent that the quick run-ups, ususlly
on big volume, are likely takeover speculation-related.

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