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

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To: Paul Fiondella who wrote (26542)4/7/1999 2:34:00 PM
From: Just_Observing  Read Replies (1) of 42771
 
Will the earnings release fall into the May options period? I bought the May 25s today too on the hope that it will fall. What concerns me is that the May 20s are very inexpensive and have a huge open interest (over 20k). Why risk 23k when you can buy the May 20s for 3 3/8 to 3 3/4? Would welcome your views.

Good Luck
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