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

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To: DUKE who wrote (23035)7/15/1998 2:44:00 PM
From: Paul Fiondella  Read Replies (4) of 42771
 
Employee options

If a Novell employee were to exercise his/her options then the company has to go out and buy the stock to deliver it to him/her.

So today the stock runs up based on the substantial number of employees that indicated that they want the stock.

The question is, when do those employees have the right to begin to sell that stock?
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