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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: dwight vickers who wrote (22430)6/2/1998 11:25:00 PM
From: EPS  Read Replies (2) of 42771
 
Dwight,

Yes, no good. If you don't get enough credits
when you start it does not work out. You can do
a little bit better with the 7 1/2 and 10 spread
the price is roughly a 3:1 ratio which gets you
1 credit if you buy 2 10's for each 7 1/2 you sell
which leads to a break even point of 11 1/2 but
still not attractive..

Victor
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