Silicon Investor (SI) -- The First Internet Community

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? -- Ignore unavailable to you. Want to Upgrade?

To: DJBEINO who wrote (27269)	6/29/1999 10:41:00 AM
From: Paul Fiondella	Respond to of 42771

My guess at reasons for the Pop yesterday Maybe institutions buying heavily to window dress their portfolios for the end of the quarter. I think it was Steve Dube who first spoke about the basic investing pattern in NOVL that we have been seeing this year: People who understand the potential of Novell's directory based products buy the dips and accumulate and wait. A larger group of institutional investors want to see the revenue stream increases up front before committing to major purchases. There hasn't been the panic rush into buying the stock say the way they had to be in DELL when they finally understood the business model. At least not yet but Monday gave us a taste. On Monday we saw the institutions beginning to position themselves for the prospect of a good quarter at Novell and a Summer rally in the techs.