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

To: Steve Fancy who wrote (30444)	2/18/2000 6:20:00 PM
From: Paul Fiondella	Read Replies (1) \| Respond to of 42771

You're on the ball Steve The Mar 40's came down 4 3/4 today and closed at 1 1/4. It looks like the well out of the money options farther out came down nearly as much as the stock did. Those contemplated another NOVL sell-off on top of this one would be inclined to write as many contracts as they could. We should know pretty quickly where this ends up. It may very well be some very cheap options for Brainshare. The Mar 40s sold 1593, 45s --- 905,and 50s --- 1211.