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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Janice Shell who wrote (6219)12/26/1996 6:07:00 PM
From: dwight vickers   of 42771
 
Janice,

You can't cover short puts with long stock! This seller will get put 1,000,000 shares if the stock is under 10 at expiration. He either wants the stock or plans to pocket the premium with the stock over ten. I think the latter.

And please lets remember this is a "G" rated board. :->

Dwight
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