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


To: Spartex who wrote (25298)2/5/1999 3:09:00 PM
From: Paul Fiondella  Read Replies (1) | Respond to of 42771
 
I posted over at RB but somebody cracked their system!!!

It ain't me babe.

What I saw today was speculative buying in NOVL options bigtime. At 12:32 some 1000 contracts for the Feb 17.5 were bought in one trade which moved above market at 1 1/4.

The only strategy I can see is buy on the dip. Watch what it does closer to the bell.