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: Howard t Anderson who wrote (30328)	2/15/2000 10:35:00 AM
From: Paul Fiondella	Read Replies (1) of 42771

Shorts doing the heavy lifting this AM NOVL at 38 1/16th and sinking. A real match is shaping up here. I can think of various strategies to burn the shorts. First the follow the crowd strategy. Sell on the way down with them and then reverse course near the bottom a bit above their breakeven. Second the hold your hands on your ass strategy, let them carry the low volume down and put the clamps on them and turn the juice on with the rebound. In any case what used to work all the time with NOVL is now something of a major risk. The person making this million dollar bet must be sweating it out today.

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