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

To: DavidG who wrote (23795)9/9/1998 11:34:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 42771
 
Novell announced that the company's NetWare 5.0 operating system software has begun shipping ahead of a schedule announced in August. The good news is another indication that the previously struggling software firm may be righting itself

news.com



To: DavidG who wrote (23795)9/10/1998 3:55:00 PM
From: dwight vickers  Read Replies (2) | Respond to of 42771
 
Since the large option trade was a sell, it needn't be a bullish sign for NOVL price action.

How about someone "in the know" selling premium, unhedged?

In this market environment anything is possible. But since the large call trade was a sale (at the bid) it's probably more likely it was a negative call on the stock price.

Someone taking in premium.

Dwight


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