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

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To: vinod Khurana who wrote (17059)9/8/1997 6:24:00 PM
From: vinod Khurana   of 42771
 
Looking at the 100 day SI chart, I believe we are again at the turning point...and to the upside. We could have a mini-rally in NOVL over the next two days taking this stock back upto $10.
For speculative accounts...the Sept. 7 1/2 calls could be worth buying here. There is hardly any premium (bid $1 1/2 offered $1 3/4, last $1 9/16) on this option and one can make a quick 1/2 - 3/4 point profit.

V.K
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