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

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To: E_K_S who wrote (19829)1/27/1998 10:18:00 AM
From: Paul Fiondella  Read Replies (2) of 42771
 
Buy and Sell orders this AM

For awhile this morning we had a balanced situation between bid and asks among the marketmakers. As of 10:10AM we are seeing a build-up again of inventory on the bid side at 6 7/8.

Keep in mind that the marketmakers are less than 1 in 6 trades coming across my ticker.

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As to jumping in: I'm looking to see what happens to the inventory at 6 7/8. We ate through the 7 inventory very fast. It took forever to eat through the 7 1/8 inventory so I'm watching.

Any comments from some of our technical analysts and real time trade followers would be appreciated.
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