Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rich Young who wrote (20899)	3/9/1998 4:24:00 PM
From: Spartex	Read Replies (1) \| Respond to of 42771

Rich, Hmmmm, yeah, seemed like the market makers walked the price up to those limit orders. Who knows if they were shorts covering, or just a large orders that were a hair above the ask by some institutional buyers Hard to say, though I'd love the talk with the MM people to know whats going on. Regards, Quad-K

To: Rich Young who wrote (20899)	3/9/1998 4:40:00 PM
From: Paul Fiondella	Respond to of 42771

Here are some of those big trades 15:39 25,000 10 1/2 15:39 10,000 10 1/2 15:41 25,000 10 1/2 15:42 25,000 10 1/2 15:43 10,000 10 7/16 15:43 200,000 10 17/32 15:59 10,000 10 3/8 15:59 10,000 10 1/2 15:59 30,000 10 3/8 16:00 10,900 10 5/16 16:00 48,800 10 5/16 So my guess is it looks like some institutions had a target price of 10 1/2 and there were some on the close orders. The volume is still reflecting these big traders. After today with the techs I'm not sure how many little guys will be jumping into this "small cap" stock. NOVL ran counter market all day until the end when it finished down.