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: Don Earl who wrote (18562)	11/19/1997 7:26:00 AM
From: BP Ritchie	Read Replies (2) of 42771

Hi Don! ... Sorry to see your confidence starting to fade. Do you know how to interpret put/call ratios? I was just looking through the open interest on NOVL options and see that there seems to be a lot more Dec 7 1/2 calls (>2K) outstaning than puts (0 ?) ... and that short interest has been rising ... now over 4 days equivalent trading volume and rising (due to much lower volume and slightly more shares in short status). I'm not able to do all of the 'right' kind of analysis but ... doesn't this look a lot like a 'short squeeze' being setup right now? I'm going hiking in the woods with my son's class today (parent volunteer to help with 'education enrichment') so won't be able to see any responses until late tonight or tomorrow ... but also wonder if Eric Schmidt's COMDEX address today might influence the stock price? Thanks in advance. Eric S, VK ... anyone else that has the right kind of knowledge & skill to figure this stuff out ... opinions are welcome as well!

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