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: Dieter Koerner who wrote (28623)	10/18/1999 10:13:00 PM
From: Sir Francis Drake	Read Replies (3) of 42771

Dieter - I sincerely don't believe the sell off is just driven by institutions seeking liquidity. The sell-off is far beyond that - and not commesurate with other stock behavior in the industry. It is my experience, that in such situations, 90% of the time you have some "bad news" out there that is poisoning the stock. Having said that, I don't have the faintest clue as to what that could be. Finally - I could be wrong. This could be one of the 10% of cases where the sell-off is unconnected with any nefarious reasons. Not knowing NOVL well enough, I cannot narrow it down any further. My opinion is based purely on trading patterns - and 9 times out of 10, trading like the kind in NOVL, says "something's rotten". I figure, all the knowledgeable NOVL posters here, are in a far better position to hypothesize on what (if any) the bad news may be. Regards, Morgan

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