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: waldemar cyranski who wrote (28619)	10/18/1999 7:37:00 PM
From: Sir Francis Drake	Read Replies (1) of 42771

FYI, FWIW I have been trading NOVL for some time now - mostly on the short side. Just wanted to let you guys know that there appears to have been institutional selling going on for quite some time, including today. Big blocks of shares sell, and looks like only retail is on the buy side. I am not well-versed in NOVL business, so I can't perform FA worth a damn in this case. Just wanted to give you guys a heads-up. I suspect there is some news "out there" that accounts for this. The sell-off here is too great to be simply a result of unfavorable markets, C.S. leaving, and management changes (those have been factored in). This sell-off seems to indicate "something out there" - I've seen it happen to many stocks. There are a lot of smart plugged-in folks here - maybe you can ferret it out before it hits the wires! Good luck! Morgan

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