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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: ToySoldier who wrote (22362)5/28/1998 3:43:00 PM
From: Spartex  Read Replies (1) of 42771
 
Toy:

Hmmmmm, we'll see soon enough what may have caused today's surge. BTW, there was mention on BAY networks thread (according to a post on novl yahoo thread) about rumors between BAY and NOVL. Hmmm, both are up around 9+% today on heavy volume. Their intraday charts have a strikingly similar correlation. Just don't know, but yeah those June 10 and 12.5 calls yesterday were a good bite as Paul says.

I believe its more than NOVL just falling off after the earnings. If so, man, these MM are sure a tricky bunch, knowing when to accumulate shares, and when buyers are lined up at the lunch line....;o). I did smell some tuna for lunch earlier today here on SI..<s>

Regards,

QuadK
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