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: Steve Fancy who wrote (20952)	3/11/1998 4:19:00 PM
From: Spartex	Read Replies (1) of 42771

Steve, NOVL always goes down when volume dries up, thats almost a proven behavior of them. MM love to reel it down as they take in inventory before higher volume comes back in. I don't believe the Dow Jones wire story had much to do with NOVL's trading action today. Story was posted at around 3:00 pm, when volume was drying up. So did you imply that story actually scared off some buyers? I don't know, the story is very balanced, and not too bullish in my opinion. It does not by any means make NOVL look like a runaway stock at this point. Just describing part of the challenge of turning around NOVL. I agree, it ain't an easy thing to do. Regards, Quad-K

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