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: waldemar cyranski who wrote (16324)	8/26/1997 11:03:00 AM
From: sepku	of 42771

Most of the trades going through that are larger than 5000 are sells, as opposed to the flurry of smaller lots on the buyside. That isn't a good sign considering that the bigger money is trading or selling into strength, while the small investors are picking up the slack. This rumor may turn out to be reminiscent of the same one last Feb. when Novell shot from 10 to 13. And before that in Dec. An example where the direction of larger money flows can indicate stock's direction in the extreme short-term: MU, before it fell from 60 to 45. I've been trading this one on and off for a week, but today I'm joining in with the SOES feeding frenzy...8000 flipped 5 times so far today. Style Pts.

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