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


To: DJBEINO who wrote (22985)7/10/1998 4:15:00 PM
From: Paul Fiondella  Respond to of 42771
 
Does anyone remember this post?

To: +Victor Danti (22098 )
From: +Paul Fiondella
Monday, May 18 1998 3:41PM ET Reply # of 22985

Take a look at MSQGB

Down -5/16 at 5/16ths July MSFT 110 Calls.
Very cheap.
Want to double your money? In a day?

=======================================
Those MSFT July 110 Calls available at 5/16ths back in May subsequently slipped to as low as 1/8th. I know because I bought a ton of them. When they slipped I got flamed repeatedly by one Mr. Danti.

Those MSFT July 110 Calls closed today at 4 1/2. If you bought 500 contracts for a grand total investment of around $16,000, you made back $225,000 in two months.

Did anyone buy the MSFT Calls or did they listen to Mr. Danti and buy NOVL, the safe investment?

Incidentally that's why Joe Antol doesn't post here anymore. What's the point of investing in NOVL or getting flamed by idiots!!!