SI
SI
discoversearch

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 : Santa Cruz Operation (SCOC) Going Up? -- Ignore unavailable to you. Want to Upgrade?

To: Wink who wrote (361)2/11/1999 11:39:00 PM
From: Larry Levine  Respond to of 656
 
Novell decided to divest themselves of theie entire SCOC
holdings and announced this quite a while ago. After they
succeeded in causing the price to drop (pretty stupid, huh)
SCOC started buying the stock directly from Novell at full
market price, such that Novell's selling is no longer having
(as much) impact on the price. If you read back news articles
on SCOC you'll find their explanation for doing so.



To: Wink who wrote (361)2/12/1999 12:32:00 AM
From: Jatin Kadakia  Read Replies (1) | Respond to of 656
 
If you look at a couple of trading days during last 10 days, volume was more than 1.5mm on each of those days. I believe this was Novell selling before their quarterly comes out. I think Novell wants get rid of SCOC and Corel off their books before next earning (25th Feb?). SCOC will very well be in two digits after earning report in April. I would rather ride SCOC in to the future than Internut stuff.

IMHO.

Regards,

JK


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News