Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: vinod Khurana who wrote (18212)	10/29/1997 4:44:00 PM
From: vinod Khurana	Read Replies (2) \| Respond to of 42771

Trading in NOVL November call optons today may indicate a rise to $10 is in the cards very shortly. First, 164 contracts traded on the November 7 1/2 call options and priced between $1 and $1 1/2. This is not impressive but with the stock down today, the closing price was unchanged from yesterday. Second, 703 contracts traded on the November 10 call options and priced between 1/8 and 3/16. Volume is quite impressive at 703 contracts. However what is more impressive is the open interest in the 10 options. It stands at 2.2151 million. Again, the closing price today remained unchanged from that of yesterday. Something is brewing. Somebody or something is about to take this stcok on a wild ride very soon. Brace yourself. A $10 target could reap over 25% gains within weeks. V.K P.S Technically very strong. Now all we need is a good takeover rumour. Anybody care to speculate and get the ball moving?