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

To: Spartex who wrote (22454)	6/4/1998 4:25:00 PM
From: DJBEINO	Respond to of 42771

I saw the 555k block, also 200k+ shares traded after market closed.

To: Spartex who wrote (22454)	6/4/1998 4:35:00 PM
From: DJBEINO	Respond to of 42771

NT start-up about to fold zdnet.com

To: Spartex who wrote (22454)	6/4/1998 6:04:00 PM
From: bob smith	Respond to of 42771

A 550K buy that's correct. And it looks like they let them in at the bid (or better). Right after that trade the price was shooting higher. It's going to be interesting tomorrow.. Bob

To: Spartex who wrote (22454)	6/4/1998 11:15:00 PM
From: Paul Fiondella	Read Replies (2) \| Respond to of 42771

High volume NOVL trades There were a lot of them between 15:40 and 15:57. Nearly 700,000 shares in 5 trades between 10 1/4 and 10 25/65. My guess on this was that these trades were negotiated and put in after the end of program trading on the S&P which I believe ends at 3:40(?). It looks to me like some institutions getting rid of NOVL and finding some big buyers. I think this is bullish. They waited all day until they saw they couldn't get any more for the shares and someone was very happy to buy them.