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

To: Spartex who wrote (22358)	5/28/1998 3:03:00 PM
From: EPS	Respond to of 42771

Quad-K, I also saw this mentioned in Yahoo..at any rate I imagine that short interest increased significantly after May 15...clearly cannot be the only factor but is probably helping some now.. Regards Victor

To: Spartex who wrote (22358)	5/28/1998 3:06:00 PM
From: ToySoldier	Respond to of 42771

Hmmm... Guess I didnt have to wait days or weeks for my side to come back. So let me see, how many other tech companies are showing a 10%+ %age increase in the stock price today. Let me go check a few of them while you guys figure out why NOVL's stock price %age of change was so volatile! 10% Paul! Toy

To: Spartex who wrote (22358)	5/28/1998 3:28:00 PM
From: Paul Fiondella	Read Replies (1) \| Respond to of 42771

The June 12.5 Calls went up 300% today on 435 contracts. I guess if you bought any of the 235 contracts or so that sold the day before yesterday at 1/16th or any of the 10's that sold yesterday for 1/2 you made some serious money today.

To: Spartex who wrote (22358)	5/28/1998 3:29:00 PM
From: ToySoldier	Read Replies (1) \| Respond to of 42771

Quad, This stock belonged in the $11 range. I dont know why the fast hitting spike brought it there but this is almost a correction of the correction for NOVL. The Q earnings report for NOVL came out at exactly the worst time (right before a market correction and was it not the time of options as well). I would think with the global markets still feeling a little sea-sick, NOVL's stock might dip into the upper $10s once again but it should stay in the $11 range for the longer term (next 4-5 weeks). Remember what I was saying to Paul (and anyone who was reading) yesterday about about buying the bargains at $10 yesterday. Ohh well, what do I know anyways. I dont own any of this stock and I dont quote/spew rear-view mirror figures and stats! So I must just be a great guesser. Good to see it went back up for you Quad. Congrats! Toy