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: Joe Antol who wrote (15705)	8/15/1997 4:48:00 PM
From: Alphonse Viazzo	of 42771

Why do you LONGS like to suffer so much? Look at the options writers. We just walked away with a bunch of cash from the foolish options buyers. The quantity of options contracts that expired worthless is refreshing and amazing. Refreshing to know that there are so many optimistic people in the world. Amazing to know that there are so many fools that part with their cash so easily. $$$$RIP$$$$ AUG 10 (NKQHB) 16147 AUG 12.5 (NKQHV) 4638 AUG 15 (NKQHB) 2709 Okay, for those who still do not have a short position, it is time to think about it again. The latest takeover rumor has passed like another in a series of kidney stones, and there will be a nice break for the next three months (I can set my watch by when the rumors are about to surface). Why anyone would be long this stock is beyond logic. Here is a multiple choice quiz for you brainy, overeducated LONGs. Novel is: A) In A Turnaround B) Is A Takeover Target C) Coasting The company is a loser. Get used to it. Write naked calls and you can make a nice income from the fools who choose either A or B. C is the correct choice.

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