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

To: Ben Antanaitis who wrote (22505)6/6/1998 10:22:00 AM
From: Paul Fiondella  Read Replies (1) | Respond to of 42771
 
IT funny but watching Novell on the tape yesterday

I couldn't help but wonder how the stock didn't move up more after the buyback announcement. I guess it would interfere with the MM's options expiration plans in driving the stock back to 10. Can't say that I wouldn't like to see it get away from them and pop up over 12!

Would you short the stock now based on your analysis?



To: Ben Antanaitis who wrote (22505)6/6/1998 6:08:00 PM
From: Bob Howarth  Respond to of 42771
 
Sold 12.5 strike covered calls due in August yesterday. Probably
time for something great to occur. I am gambling that this quarter will be pretty dead, waiting for next quarter when the fun should start.


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