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


To: Rich Young who wrote (18441)11/10/1997 6:09:00 PM
From: dwight vickers  Read Replies (1) | Respond to of 42771
 
Rich,

Sorry to be a cynic but the trades you describe smell like Market Maker activity to me.

Especially since it happened during the lunch hour.

Tick tick tick up on a few thousand shares buying, then get to $8 1/2 (the target) and sell the few thou at a profit and get off a nice little short sale. Then right back down.

Nice work if you can get it.

Dwight



To: Rich Young who wrote (18441)11/10/1997 7:02:00 PM
From: Steve Fancy  Respond to of 42771
 
Hi Rich, I believe that just the bond market is closed tomorrow.

sf