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: Gerald M. Gualano who wrote (6193)	12/26/1996 2:06:00 PM
From: Irene Harvey	of 42771

No, this is no longer fun! I have been reading the different messages on this board regarding especially the explanations for the way the stock moves. This has been the most frustrating stock I have ever owned and yet I just keep hanging onto it.Equally I have felt frustrated reading the speculation that goes on about mergers, buyouts and reasons for the stock gradually losing ground. Although I think that B. Nance is a very reliable person, it is a puzzle to me that if negotiations supposedly have reached the final stage, that none of this has leaked out and moved the stock in a different direction. The other part that I continually find puzzling are the remarks about someone driving the stock down. I don't completely understand the reasoning behind this. I'm dumb about these things, I admit. But, if this is so, then I presume this means it is a company who has stock already, wants to take over Novell and keep the stock low - so they're selling stock they already own??? And what's the reason for a major stockholder to keep it down? For a lower price in a buyout? I don't follow this. Further, there is some suggestion about SEC regulations in one message - meaning there might be something wrong about the activity that is going on. What particularly is wrong? Could someone in plain English explain all of this to me, please. Is there someone out there who has a great deal of experience understanding movements of stock and the puts and calls and whatever that could give a clearer explanation about what might be happening. If tax selling is still going on, and yet there is continuous accumulation then can this largely account for what's been happening to the stock in the last several weeks? Thanks for any help and clarification.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next