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

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To: Don Earl who wrote (20900)3/9/1998 4:15:00 PM
From: Steve Fancy  Read Replies (1) of 42771
 
Hi Don, did you get them at 5/16? I tried an 1/8, then bumped it to 3/16 about 3:00...no go. I'm not willing to pay more than 1/8 to 3/16 just in case they only take it slightly below 10 to blow away the open interest on the 10 calls. I really believe it'll go lower, than 9 3/4 or so, but based on my standing Novell losses, I'm not willing to take a lot of risk. I feel much more confident in the Brazilian telephone company. These guys do what they say they're gonna do.

sf
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