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: Paul Fiondella who wrote (26278)	3/25/1999 11:30:00 AM
From: Phil Jacobson	Read Replies (1) of 42771

I don't think the short increase is concerning...it has to be related to short term trading because we're confident the fundamentals are intact. Remember the increase would have had the effect of increasing selling pressure during the time the stock was rising to 27+ so eventually it should cause a short squeeze. Re: I-Chain, yup, that's up my alley all right. Already noodling how to get it into our plans. I don't think there's a demo of it here, my understanding is the news was an intentional leak. All the Novell people I've talked to were quite surprised to see the announcement, which actually was a news story, not a press release. Phil

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