Novell (NOVL) dirt cheap, good buy? Message Board

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

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To: Paul Fiondella who wrote (27708)	8/13/1999 4:42:00 PM
From: Howard t Anderson	Read Replies (2) of 42771

sorry, I bought options to purchase I believe there called naked calls I bought 30 contracts of aug 20 at 3.75 per share or 11,250 and bought 90 contracts of aug 25s at .50 or 4500.00 I sold my previos shars of novl the day before I bought options.I had short term cash need and bought these to get my stock back at a decent price. Now I am deciding wether to exercise these options or sell them. I hope this make more since. This is my first stab at options,calls ect.

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