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

To: Rangu Ranganathan who wrote (18329)	11/3/1997 11:59:00 AM
From: Rich Young	Read Replies (1) \| Respond to of 42771

Looks like a lot of it could be rolling November positions out to December. The volume on the Decembers is pretty high, too. Open interest is enormous on the Nov 10's. RCY

To: Rangu Ranganathan who wrote (18329)	11/3/1997 1:24:00 PM
From: vinod Khurana	Read Replies (1) \| Respond to of 42771

Thanks for the late breaking news Rangu Re: call options trading in NOVL. I just placed an order for four Dec 7 1/2 call contracts at $1 7 1/6. The option price is up 1/4 even though the stock is up only 1/16. Something is up and I believe someone or something is about to rally this stock above $9 anyday now and fill the gap left at $9 1/4. Who knows, perhaps the MM's are about to take it to $10 to fullfil the high open interset in the NOV 10 calls. Regarding takeover rumours...tis the season to start the rumours. Thers no better time. V.K