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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Don Troppmann who wrote (25229)1/29/1999 4:38:00 PM
From: Paul Fiondella  Read Replies (1) of 42771
 
Bernie plays 7 11

If NOVL options were to move 1/4 dollar for every dollar in the stock, a move to 22 would produce 50 cents on his 4 dollar plus investment by April.

NOVL options typically, from my experience offer very little premium appreciation and then narrow and then often lag the stock.

But I'm open to some evidence to the contrary.

In the meantime Bernie may be rolling 9 11 soon. The best combination to save you on your final roll of the dice.

Not like investing in MSFT options.
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