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: Frederick Smart who wrote (22729)	6/17/1998 9:30:00 AM
From: Don Earl	Read Replies (1) of 42771

Hi Fred, Actually, my point was more that NOVL could be a dangerous short right now. Could be a dangerous long play also. The market has gone so completely random that the easy calls are a thing of the past. You can see the short covering rallies moving the stock price but the moves are mostly sense free. I've seen a lot of stocks tank after announcing share buy backs. Everyone thinks the jump in volume is the company driving the price up with mass buying but most of them wait until the news dies down before they start. Not always, but I've seen it happen often enough to be skeptical. Anyone like chainsaw Al for a COO. I understand he's unemployed at the moment. Regards, Don

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