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: Don Earl who wrote (18538)	11/17/1997 1:19:00 PM
From: E_K_S	Read Replies (2) of 42771

Hi Don - A "Plan B" is always good to have and sometimes it can be profitable. I utilized my "Plan B" on XYLAN by selling covered calls on the Nov. 20 Calls and selling naked Nov. 15 Put's early last week. My "Plan B" for Novell is to re-purchase shares at $6 1/4 - $6 5/8, otherwise I will continue to let my few shares of Novell run as high as the market will take them. My holding period for these shares now are over three years and I have seen three different CEO's and still no positive results. EKS

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