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: Steve Fancy who wrote (21290)	3/20/1998 3:41:00 PM
From: Paul Fiondella	Read Replies (3) of 42771

Yes that's what it looks like Also the premiums being asked and the narrow trading range in which Novell operates except when it seems to break out seems to work against options purchased at high fractions. I would be curious as to what happens to the 928,000 shares on the March 10 calls. At 1/4 pt yesterday 65,000 shares moved. The close was 10 3/8ths. Are these people selling at 10 1/16th-10 1/8th?

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