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

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To: Steve Fancy who wrote (20113)2/12/1998 4:36:00 PM
From: Spartex  Read Replies (1) of 42771
 
Steve:

In all due respect, you actually feel that current strong buying of NOVL is by uninformed institutions/individuals? Hmmm, I find that a little hard to believe, as well as the fact that individual investors are behind the current volume and price moves the past week. Look at the volume that traded down near 7. This isn't by uninformed, IMO, its by informed institutions buying on value and forward looking fundamentals. Individual investors are not pumping that much volume (4 mil/day), its got to be institutions, just as IFMX volume swelled in the past few weeks too. Granted, NOVL and IFMX are resolving different problems, but I believe both will succeed over time.

As Joe said, and I agree, Feb. 24 comments ATB will give us more crumbs to chew on.

Jury is still out.......but should come in with a verdict soon.

Regards,

Quad-K
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