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

To: EPS who wrote (23269)	7/29/1998 6:49:00 PM
From: Elmo Gregory	Read Replies (2) \| Respond to of 42771

Hi Victor - I have experienced a lot of missed opportunities; and my excuse is that the rear visibility is much better than the forward visibility. A few days ago, when irrational optimism overcame me, I bought 40 of the Aug 15 calls (NKQHC), at 1/8. Now, faced with the opportunity to buy Aug 12.5 calls (NHQHV) at 3/8 or less, I'm almost tempted to buy some and gamble on Novell's recovery (however temporary) just before earnings are announced on the 20th. A look at the historical price/volume chart seems to suggest that this pattern has happened before. Please don't interpret the above as investment advice because I'm just a gambler at heart and take more chances than I should. But I'm having fun and making a dollar or two now and then. Regards, Elmo