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: Ben Antanaitis who wrote (16549)	8/27/1997 11:15:00 AM
From: vinod Khurana	of 42771

As expected, this mother of all dog stocks just cann't hold onto $10. I bought back the Sept 71/2 calls at $1 13/16 that I shorted yesterday at $2 7 1/6. If any of you are waiting to buy this stock....wait until $8 1/2 or just slightly lower. If you are willing to gamble on this nonsense IBM rumour, then please take it back to $10 1/2 so that I can short the Sept 7 1/2 calls again at $2 7/8. Thanks. V.K P.S Wall Street Journal said this morning that the rumour regarding IBM takeover was started by the PCWeeek article published on Friday. Joe, hats off to you for pointing us to the FRiday article and before it hit the streets. Now is that information PCWeek should have held back from the Internet users before making it public to the general population ? Interesting case for shorts who would like to file a lawsuit against the publisher. Could this be similar to insider trading ? Breakfast, lunch and dinner on me Joe !!

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