Novell (NOVL) dirt cheap, good buy? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DavidG who wrote (23041)	7/15/1998 3:20:00 PM
From: Paul Fiondella	Read Replies (3) of 42771

You are getting paranoid David Forget about what I will say in December. You have no idea of my holdings with regard to Novell. And just after Bulls vs Bears, shorts vs longs has the entertainment value of watching the grass grow. Its an exercise for the mentally impaired. Now let's get back to business. I'm very familiar with Novell's trading patterns (oh do I hate them). A stock that trades 12 7/16th to 12 9/16ths and then breaks out by a point two days before options expiration does not fit the value theory of investing. Gosh everybody woke up this morning and found that they were underinvested in Novell. Duh I don't think so. I suggest we look for some other explanation. Whether it goes up or down doesn't bother me at this point, just give me an explanation. Well I take that back, I'm happy for the long suffering longs. But I am curious as to whether there is any truth to the employee options theory. It may be completely false, so somebody shoot it down.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next