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


To: Serendipity who wrote (20141)2/13/1998 1:53:00 PM
From: Spartex  Read Replies (1) | Respond to of 42771
 
Seren:

Thanks for the input on MM and trading. You are right the bid/ask hasn't moved up significantly after a 100K and 50K block, but it is interesting to see that the price is holding rock solid, as if the MMs are working with the buyers to give them a good/stable price, and not move the stock up higher just yet. I may well be wrong, but this is the type of activity that usually precedes an upgrade by broker, or good pending news down the road. Time will tell as usual.

Regards,

Quad-K