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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: George Papadopoulos who wrote (17828)10/8/1997 11:32:00 AM
From: vinod Khurana   of 42771
 
NOVL back above $9. The Oct 10 and Nov 10 calls have been active over the last few days. Thus far today, the Oct 10 calls are trading at 1/8 with over 525 contracts exchanging hands. Could we be looking at $10 over the next two - three weeks...certainly seems to look that way.

V.K

P.S Holding my Nov 7 1/2 calls and will sell at between $2 1/4 - $2 3/4 unless of course Joe tells me that his execs. at IBM are seriously looking to buy NOVL at $15/share.
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