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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Elmo Gregory who wrote (22316)5/27/1998 12:14:00 PM
From: Spartex  Read Replies (1) of 42771
 
Elmo:

Thanks for that link. A nice daily software sector comparison! My earlier address to Paul F. was really trying to look at the overall average decline in techs from their recent highs versus NOVL. As we both know, NOVL has lost around 9% the past two days. So, yeah Paul, NOVL is taking it in the shorts nearterm, but on light volume. Hence, its really just noise IMHO. The MM know how to carefully bring NOVL back to their preferred trading range in a hurry.

Regards,

QuadK
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