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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: E_K_S who wrote (11010)4/10/1997 6:40:00 PM
From: Paul Fiondella   of 42771
 
On your options strategy

Since NOVL has been entirely a quarterly report driven stock with a downward adjusting range qtr to qtr, what is your target for a covered call? 10?

Also it would seem there is far more downside potential then upside potential at present. I factor in the general market here which is looking pretty worried about the economy overeheating and Greenspan pouring cold water on the party in May.
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