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

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To: dwight vickers who wrote (19255)12/29/1997 11:52:00 AM
From: Paul Fiondella  Read Replies (1) of 42771
 
As of 11:46 in midst of rally NOVL unchanged

I'm about to make more money in two trading days from MSFT then I have made in NOVL in nine months.

Oh well. I suppose they are happy just to collect the spread. Maybe they have loaned out too many shares to the shorts and don't want to have to have to give back the money?

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Interesting discussion of the Treasury buying and selling in the WSJ today.

interactive.wsj.com

They are picking up on the selling of Treasuries by Asian central banks. The article says it has had an effect on the short term Treasury prices but not yet the long end where the flow of cash inward has been substantial. Just another piece of the puzzle. Bankers meeting in NYC to reschedule Korean loans today.
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