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

To: Spartex who wrote (22650)	6/13/1998 11:13:00 AM
From: EPS	Read Replies (1) \| Respond to of 42771

Quad-K, Well well what a difference a well timed buy back can bring! I have been pushing for this to happen for quite a while!! I agree. Right now there great bargains evolving in the tech sector and very soon, when the carnage is over, it will a great time to pick up the gems from the rough. (I do suggest for you to look at Nestcape NOW though. Another great turn around situation developing.) Up date on the backspread I was proposing a couple of weeks ago: it does not look so bad after all! I did better though buying back the 5's and keeping my 7 1/2's. In due course I will consider selling 12 1/2's and make it a regular spread. (Simply selling the 7 1/2's will give me 2 credit points but no premium, while going for the 7 1/2--12 1/2 spread I can get now 3 credits and possibly more points soon..if things keep going north). Regards Victor