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: Paul Fiondella who wrote (19084)	12/13/1997 1:09:00 PM
From: BP Ritchie	Read Replies (1) of 42771

Thanks for the report, Paul! ... is the price low enough to persuade you to put in a buy order yet? I saw almost no short selling on Friday, and some very large block trades that happened just after it broke $8, and again at the end of the day. I think this means that the 'smart money' is starting to flow into Novell now ... and possibly the MMs that were tempted to short at the end of November are now getting out of the way and expecting the price to go up. Not any kind of TA, just a guess at what the trading patterns mean.

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