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: Spartex who wrote (30357)	2/16/2000 3:09:00 PM
From: Paul Fiondella	Read Replies (1) of 42771

Watching NOVL --- back to what is important It hit a high of 41 7/8ths and the volume is over 10.5 million shares. It is currently up 2 3/8ths at 40 3/4. I would say the shorts were really burned. Moreover the options market shows the Feb 40 at 2 1/8th on 1453 contracts. Somebody is pushing the upside of this envelope. The question is at what price does the stock discount the "rumors" of a blow out quarter?

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