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

To: Ben Antanaitis who wrote (22002)	5/13/1998 4:42:00 PM
From: EPS	Read Replies (2) \| Respond to of 42771

Ben, No idea...I foolishly bought those calls for 3/16 a couple of weeks ago when it did not look like such a hot deal.. Regards Victor

To: Ben Antanaitis who wrote (22002)	5/13/1998 4:45:00 PM
From: Spartex	Respond to of 42771

Ben: Nope, I'm not surprised at all. I smelled an upgrade in the making weeks ago, and more recently during this Monday with the wild DOW and nasdaq market gyration, NOVL was trading in the tightest of ranges. This sometimes indicates that MM are trying to build up their inventory. ;-) Nonetheless, I was expecting ML or others to wait until after May 21 first. Hmmm, those buying in yesterday at 3/16s (mid-morning) for the May 10s are happy campers today. Whats also interesting is that there is high August 10 call volume trading as well. As if those buying their May 10's back, are rolling them into the August 10 call strike. Regards, QuadK