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

To: Rich Young who wrote (20986)	3/12/1998 3:19:00 PM
From: Don Earl	Read Replies (1) \| Respond to of 42771

Hi Rich, The MMs have been playing all kinds of games with NOVL lately. Late reporting of trades, little signals to each other with the price. All kinds of interesting things. I may drop a note to the SEC. It's starting to get a little too blatant. It looks like they have been running it up, shorting it at the top, then covering with any back log of limit orders on the way back down. Probably some good sized sell orders that they are taking out at the low points and dumping on the way back up. If Asia heats up and gives them an excuse, the bottom could drop out some morning when it's least expected. Whatever they have planned you can pretty much bet it will be designed to take the most money away, from the most people, in the least amount of time. This market is getting to the point where holding cash might be the best investment. Regards, Don All IMO