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

To: Paul Fiondella who wrote (25220)	1/29/1999 10:48:00 AM
From: Spartex	Read Replies (1) \| Respond to of 42771

<only seven analysts cover the stock. "This lack of coverage is stunning, compared to other networkers," Schaeffer says. > I believe lack of analyst coverage and Wall Street awareness is literally 50-75% of the reason Novell is still trading significantly below its price potential. However, another strong quarter and bright BrainShare should correct this problem in due fashion. Regards, QuadK

To: Paul Fiondella who wrote (25220)	1/29/1999 4:00:00 PM
From: Don Troppmann	Read Replies (1) \| Respond to of 42771

Paul: It appears Bernie may have gotten 7 & 11 for his turn rolling the dice. While the premium on the option LNOAD seems high at first glance the option position offers almost a dollar for dollar opportunity. A move to 21 by Novell, prior to the end of September 1999 would likely produce a 25% dollar for dollar return on your investment. Novell at 22 produces a 50% return and so on. If the stock moves to 22 by March 31, and you took your profits, the annualized rate of return would be in the range of 200% It appears Bernie perceives very substantial support for Novell in the 19-20 range. Basically Bernie has managed to get almost an even money bet in the options market. Much better than rolling the dice. Don T.