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

To: Steve Fancy who wrote (18121)	10/27/1997 2:33:00 PM
From: vinod Khurana	Read Replies (2) \| Respond to of 42771

Hello Steve...I agree. Heck with the charts during a market meltdown but in the end they are still a good roadmap to financial freedom. I got filled on the NOVL NOV 7 1/2 calls this morning at $ 1 3/16 and the stock is now trading at the $8 1/8 level. A gap was left at the opening bell ($9) so I expect the stock to come back and fill it ($9 1/8). Hoping for a meltdown in the mother of all software stocks MSFT but that damn stock is being held at above $130 by forces that are beyond me. It broke $130 briefly last week and I am expecting a retracement and fall to the $125 the next time around. Don, hang in there with those MSFT put options. Its coming....the big one. V.K