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


To: EPS who wrote (23121)7/20/1998 9:41:00 AM
From: Paul Fiondella  Read Replies (1) | Respond to of 42771
 
This is your explanation for NOVL opening at 12.5?

I'm in disbelief.



To: EPS who wrote (23121)7/20/1998 10:11:00 AM
From: Spartex  Read Replies (2) | Respond to of 42771
 
Victor:

Hmmm, seems that your timing of the Cramer article on options hangover was remarkable. So what happened this morning?? The holders of the options decided not to exercise, and hence shares were sold? Interesting, as the overhang now seems to be subsiding as NOVL moves back up to 13.

Regards,

QuadK