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


To: E_K_S who wrote (18592)11/20/1997 10:53:00 AM
From: jim A  Respond to of 42771
 
volume picking up nicely. 9 x 9 1/16



To: E_K_S who wrote (18592)11/20/1997 10:53:00 AM
From: Ben Antanaitis  Respond to of 42771
 
Eric,

Well.... gosh..... thanks for the kudos. :-)

FYI the picture hasn't really changed much as of last night, some small movement as some folks roll out their Nov positions to Dec or beyond. The 'valley is still only about $2M deep around the minimum point and that isn't much.

Ben A.



To: E_K_S who wrote (18592)11/20/1997 10:56:00 AM
From: Joe Antol  Read Replies (2) | Respond to of 42771
 
Eric: >> I guess the reason for the higher level of calls is due to
to investors speculation on the Tuesday earnings number. <<
There isn't a doubt in my mind that this is the case.
Joe...



To: E_K_S who wrote (18592)11/23/1997 2:50:00 AM
From: George Lazar  Respond to of 42771
 
I don't believe that today put/call ratios are what they used to be. The widespread use of spreads has distorted this indicator. You might buy 7.5 calls and sell 10 calls (same number) for a bull-spread.

-g