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

To: Paul Fiondella who wrote (21292)	3/20/1998 4:12:00 PM
From: Spartex	Read Replies (2) \| Respond to of 42771

Paul: Unless I don't understand the exact science/process of options. Those calls (9280 contracts, or 928,000 shares) that do expire for March 10 with a bid of "0" go back to the original owner who wrote out the calls in the rich 1/2+ range, right? In other words, they get their shares back plus the premium they made on selling the calls earlier. If I'm incorrect anyone (Ben A.) I'd appreciate a better or more correct answer. Regards, Quad-K

To: Paul Fiondella who wrote (21292)	3/20/1998 4:13:00 PM
From: E_K_S	Read Replies (1) \| Respond to of 42771

From Briefing.com....Microsoft Corp. (MSFT) 81 13/16 -3/16: software company expects to launch its new Windows98 operating systems on June 25..... NetWare 5.0 is scheduled to be released around the same period. EKS