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

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To: steve beckle who wrote (28014)9/7/1999 11:27:00 PM
From: Paul Fiondella  Read Replies (1) of 42771
 
They sure are selling the stock

If the option says you get 60,000 shares at $7 directly from Novell which issues the stock to you and then you sell those 60,000 shares at $26, you are definitely selling real stock. Novell gets $7 and you get the rest.

This is precisely how Novell plans to use up its 1 billion.
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