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: Don Earl who wrote (15441)	8/10/1997 8:21:00 PM
From: vinod Khurana	of 42771

Hello Don, Yes I am hoping next week will be ugly. I am hoping to get back in on NOVL at the $8 1/4 level and at the point where it lefet a gap last week. The latest Barrons indicates that Jan 1999 20 call options are trading on NOVL. More than 1500 contracts traded so somebody is betting this company is going to be turned around by the new CEO (they have to get rid of the BOD before we shareholders see much of a return). How about bringing in IBM's Gestner as one member, Oracle CEO as another and SAP CEO as yet another. On Friday as the market was down 100 points, I bought some September 95 put options in INTEL @ 3 1/2 and September 100 put options on IBM @ 2 1/2 (sorry Joe). I belive the tech. sector has advanced far to fast in the last month (INTEL up 43% in one month and now has a market cap. of $177 billion). With companies like IBM, MSFT and INTC with market caps exceeding $100 billion, I think they should consider buying out NOVL. V.K P.S Praying that next week will be a massacare on the major exchanges.

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