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

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To: Joe Antol who wrote (15555)8/11/1997 12:18:00 PM
From: vinod Khurana   of 42771
 
Thanks Joe for the tip. I am noticing some heavy, heavy, heavy volume on NOVL call options. January 7 1/2 and January 10 call options have traded just over 7,622 and 2,214 contracts respectivly. These should show up as the most active in Tuesdays Wall Street Journal and may even cause some panic buying....and especially with the buyout rumour just hitting the streets.

I am in on the Jan 7 1/2 calls at $2 7/16. I think NOVL could finally be turning around and we could have a winner on our hands whilst the rest of the market takes a breather.

V.K

My target over the next little while is $13.
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