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: Joe Antol who wrote (15083)	7/29/1997 1:24:00 PM
From: Greg Jung	of 42771

Since so far my guess is as good as any, here it is: Sector rotation of the shorts. Short players saw better opportunities in computer systems, free up margin on Novl to put over there. All of the downside has been taken here, even a new dissapointment on top of disappointment on top of... wouldn't budge it down further, whereas even disappointing earnings could be dressed up in different ways to give a pop up. Greg

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