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

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To: Joe Antol who wrote (16993)9/6/1997 2:13:00 PM
From: Steve Fancy   of 42771
 
Hello Joe...welcome back. I thought about responding to Jim's post, but decided not to get into another worthless arguement. I'm still holding puts on Novell, which for the first time im my life makes me short Novell. When it appears to bottom (8 1/2?) I will sell them and pick up some JAN 99 10 calls. Something oughta happen by then. I wish I could just forget this stock, but it keeps bringing me back.

A couple of interesting stocks I've been playing with, that appear to offer SIGNIFICANT upside short term potential are AGPH, the newest entry in the HIV PI market (big news expected in the next 30 days with earnings and European approval) and the most dangerous stock I know, Telebras, the Brazilian telephone company (up almost 20 points since last friday. This stock has the potential to fall back to 115 or so, and an upside of around 180 in the next 6 months as the Brazilian government follows through with splitting it up and selling it off. Telebras is larger than all other Telco's in Latin America combined and the stock moves around in a 10 to 15 point range almost every week. There's always Novellus too...I wish all my orders for the the last couple of years had been NVLS, not NOVL.

Anyways, welcome back, you were missed.

sf
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