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: EPS who wrote (22765)	6/17/1998 6:03:00 PM
From: Ben Antanaitis	Read Replies (1) of 42771

Victor, I'm usually never good at 'explaining' what goes on intraday, esp in the wacky world of expiration week. But looking at: 207.95.154.130 It looks like the run-up this morning was based on anticipating the 11AM INTC/NOVL news conference. Then they went to lunch, came back and some said 'ok, it's expiration week, lets get back to work'. There is a struggle going on between the MAx-PAin forces and the upside momentum folks... it may end up with the momentum folks taking a few days off, letting the MMs get out without too much pain, and then the mo-mo forces get back on track.... I'm just guessing, though, I don't travel in those circles... ;-)) Ben A.

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