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


To: Paul Fiondella who wrote (19845)1/28/1998 12:05:00 AM
From: Joe Antol  Read Replies (1) | Respond to of 42771
 
That 11M short figure has remained pretty darn constant over the last 6 months or so .... Hmmmm... Back to what I said previously (and I didn't think it was possible) "breaking 6" may just be in the picture.

I dunno Paul....?/?/?/?



To: Paul Fiondella who wrote (19845)1/28/1998 10:38:00 AM
From: Spartex  Read Replies (2) | Respond to of 42771
 
Paul:

Could also just be a balance between shorts covering, and new shorts coming into the NOVL market.

Nonetheless, NOVL volume is really back today. Almost 1 million shares the first hour of trading. That's pretty impressive, and I tend to sense it as bullish IMO.

Did you catch the small blurb on NOVL in WSJ, Section B re: Novonynx? Really old news, but an official statement from NOVL, and their new spending looks bullish too.

Things starting to get interesting. Joe, ya nibbling yet? Someone is.

Quad-K