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

To: waldemar cyranski who wrote (24396)	11/22/1998 7:02:00 AM
From: Wallace Rivers	Respond to of 42771

Waldy: For those who have been through the death and subsequent resurrection of Novell, no need for the apologies in your PM. Joe Antol was one of the most proactive shareholders in corporate history, and current shareholders owe him a debt of gratitude. Just a suggestion, in your current holding of NOVL. You seem a bit uneasy with it. You might consider writing (selling) out of the money calls (obviously this would cap your upside), or buying some puts to hedge your downside. Best, Wallace