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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: Scott C. Lemon who wrote (28613)	10/18/1999 10:26:00 AM
From: ToySoldier	Respond to of 42771

If I have the chance I'm going to respond to Toy's Microsoft post before this one ... Somehow I thought you would :))) I knew that would raise the hair on the back of your neck. hehehehe!! Have a great trip Scott. PS - I need to speak with you when you have a free moment in the next couple weeks. Toy

To: Scott C. Lemon who wrote (28613)	10/18/1999 1:46:00 PM
From: Paul Fiondella	Respond to of 42771

I haven't had much to say therefore to post We are in the middle, not the end, of a severe market correction brought about by those producer price numbers and Greenspan's speech. My brain tells me that this is being overdone, inflation isn't a problem, and the downside risks of tightening up on money are too severe to contemplate. But it looks like Greenspan will tighten in November. The market is factoring that in. NOVL is grossly oversold. I still prefer buying in the money calls not out of the money ones. I have already sold calls to protect my long position and am looking at the right time to cash in this insurance policy by buying them back. It's not clear to me what Scott wants to do. You can sell puts if you want to get into the stock if you have the cash. In many instances its better to do that then buy a call.