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: jim A who wrote (9721)	3/20/1997 3:50:00 PM
From: Steve Fancy	of 42771

Jim, I think we may have seen some profit taking this morning. Possible that shorts bailing will offset profit taking. Novell was what, the 5th largest shorted stock on the Nasdaq. I would think that there will be some more big news tomorrow or early next week. The Salt Lake tribune suggested there will be some form of announcements regarding NDS and phone companies and ISP's. There's th possibility of the IBM announcement, affiliation with CA, and maybe even something with SUN and Oracle. Sounds like managements been busy, at least the last 60 days. I just dont like the way they do things. In the meantime...we're SMOOOOKIIIIN. I bought back my Jan 99 7 1/2's at 3 3/4 on Tuesday. Sold them at 4 7/8 I believe. Actuall made a little cash. sf

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