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

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To: Don Earl who wrote (16952)9/4/1997 9:25:00 PM
From: E_K_S   of 42771
 
To ALL: Short Interest from 8/15/97 report

From Briefing.com

briefing.com

Company..........Aug 15...........Jul 15................Change
Novell Inc.......11,661,461......11,301,073.......360,388

(Those 26 million shares traded as a result of the rumor could have been the shorts covering.....)

We will want to watch to see if as a result of the IBM "RUMOR" if the shorts covered. Now that CEO SCHMIDT said that the company "is not for sale"...will the shorts again find Novell a good long term short????

Our management seems to conclude that Novell IS NOT a good buy at these levels....in fact they continue to sell!

Elmo...If our management continues to sell...why should the "average" shareholder continue to hold OR why should new money find a home at Novell?

EKS
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