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

To: BP Ritchie who wrote (18120)	10/27/1997 1:29:00 PM
From: Don Earl	Read Replies (1) \| Respond to of 42771

Hi BP, Well...a person could call their broker and place an order to sell NOVL for $100 per share, but the chance of the order filling is not very good. Market orders will fill first unless the limit order is the best price (supposed to anyway). I normally place my orders between bid and ask or set a limit at the market unless something is moving fast for a good reason and I really want the order to fill quickly. What a blood bath on the market today! Should be some incredible buying opportunities, but picking the bottom is like tring to catch a falling knife. OXHP is the kind of short term trade I just love to play but I'd have to do it on margin and I'd rather not take that kind of risk in this market. I should turn off the computer and go do something, since I'm done trading for the day but it sure is facinating to watch. 90% of the stocks I track are down between $2-$7. I still have my MSFT puts so hopfully that will balance my long positions if the market falls apart altogether. Regards, Don