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Technology Stocks : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?


To: frijo who wrote (5812)11/27/1998 7:25:00 AM
From: Guaranteed  Read Replies (1) | Respond to of 9798
 
Brian , the last time Corel hit 4.50, Novell selling and the market slide brought it back. I don't think Novell can sell anymore this quarter. Novell actually may become less of a factor after their recent numbers - terrific earnings ; they don't need the cash.
<<the big volume was not there >>- the US market was closed.
Rumours of big interest from Germany.
Short interest ,as of two weeks ago, was down to around a hundred thousand- that's the lowest this year.
Based on the charts, your short makes sense, but maybe you should stop buy it above the half - I don't think there is anything to stop it after that.

Guaranteed.