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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: E_K_S who wrote (19206)12/19/1997 11:26:00 PM
From: Elmo Gregory   of 42771
 
Thanks Eric: Here's wishing you a Merry Christmas and Happy New Year as well. I can hardly wait for '98 to get started; '97 went by pretty fast for me.

I think your choice of investing in Sun Microsystems is a good one and should earn you some well deserved money next year.

I am still holding on to the belief that Novell will recover and do well. Whether it will be six months or a year I don't know, but I do think progress is being made. I have been adding to my 12,000 share position by buying May 10 calls in hopes that the stock will cycle up a bit within the next four months. If I guess right and can break-even or make a couple of bucks, then I will then have an opportunity to consider other avenues of investment.

This is a heck of a game, isn't it?

Happy holidays and a prosperious New Year,

Elmo
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