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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: EPS who wrote (28633)10/19/1999 3:01:00 PM
From: David  Read Replies (1) | Respond to of 42771
 
Maybe you missed his offensive "Rabbi" remark in an earlier post, which was just as out of line.



To: EPS who wrote (28633)10/19/1999 4:07:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 42771
 
Victor, FWIW, the same action today as for awhile. A lot of big blocks selling. I covered my intraday short at 16 1/2, but missed the ride up. I speculate (but can't be sure), that a lot of the buying on the way up from 16 1/2 was short covering. If there is a big seller(s), they often let up at the end of the day, to let the price recover a bit (otherwise it is too depressing when folks come home and look at their portfolio)... obviously the seller wants to get as good a price as possible, so he is trying not to break the stock... got to let it come up a bit, so he can unload again. When it hit 17, INCA (which is used mostly by institutions) came in with a huge 85K sell order, and it was stuck there. The load eventually got down to 68K, but couldn't break through $17.

Bottom line, it looks as if institutional selling has continued. What this means for the future, I don't know. I take it day by day.

Morgan



To: EPS who wrote (28633)10/19/1999 7:30:00 PM
From: waldemar cyranski  Respond to of 42771
 
Dear Victor, this has NOTHING to do with racism, we are talking about business....profits....manner of management, competition in the market place and the SKILLS, ATTITUDES,EDUCATION and social backgrounds of those that either lead or follow or stand around befuddled while the competition races past them!!!!!!! Its my opinion that more than enough has been said about Novells technology and its business model, hell we even have the priviledge of knowing whats going on, in some cases, on the inside! None of this has helped move the stock or excite the business reporting media in our favour, has it?? Therefore I will stick to my (lets say for conversation purposes GUT feelings) modesty keeps me from flaunting the basis of my gut feelings. When dealing with money...my money....racism and insults dont play any part, sorry to disappoint you! The simple question remains........."there is something wrong within Novell, we dont know........but someone does....simply look at the market price? is the BILLION dollars still there??? follow the money is a corney expression........but its a fair question........Regards, Waldy