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: Spartex who wrote (22454)	6/4/1998 11:15:00 PM
From: Paul Fiondella	Read Replies (2) of 42771

High volume NOVL trades There were a lot of them between 15:40 and 15:57. Nearly 700,000 shares in 5 trades between 10 1/4 and 10 25/65. My guess on this was that these trades were negotiated and put in after the end of program trading on the S&P which I believe ends at 3:40(?). It looks to me like some institutions getting rid of NOVL and finding some big buyers. I think this is bullish. They waited all day until they saw they couldn't get any more for the shares and someone was very happy to buy them.

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