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

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To: WE89 who wrote (30096)1/28/2000 10:10:00 PM
From: Paul Fiondella  Read Replies (1) of 42771
 
Shorts got really really burned in December

Short interest
Jan 15 6,945,429
Dec 15 9,946,579
Change -30.2

Average daily volume 8,885,255

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This is the biggest short interest decline in NOVL in years. It is a very clear indication of what can happen to traders addicted to shorting NOVL now. Squeeezed.
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