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

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To: Spartex who wrote (22568)6/9/1998 11:12:00 AM
From: Paul Fiondella  Read Replies (1) of 42771
 
Do I see a short squeeze????

The stock is pausing at 12 1/4. Some profit taking? Or some renewed short selling? Now comes the moment of truth. If NOVL pushes up from here then the 8 million or so short sales out there must start to look in jeopardy and those who have played the short game may have to reverse their position.

Watch those options.
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