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

To: Spartex who wrote (30711)	3/15/2000 8:18:00 AM
From: Paul Fiondella	Respond to of 42771

Watching NOVL --- Cheer up longs I see NOVL as a buying opportunity in the 26-28 range. We have to outlast the next Greenspan atrocity and expiration Friday. Incidentally and off topic, Japan is going into the tank again. HArdly what I would call an inflationary scenario. Of course no one wants to talk about cartels and monopolies causing inflation (as in OPEC) just labor costs. =============== Anyone investing in NOVL must must develop a downside strategy. Either sell CAlls, buy Puts, diversify or do something to protect yourself if you intend to be a long term investor in this company. For example you should be able to calculate the level to which your holdings are protected. I still haven't covered the calls I sold. My only regret is not taking advantage of the run to 44 to sell more.