Just because Bill Parcells walked away from his dream job with the New York Giants for a rest doesn't mean his NFL coaching career is over.

Parcells 49, resigned as coach of the Super Bowl champions after eight seasons Wednesday, but he left the door wide open for a possible return to the sidelines, a prospect some Giants officials don't want to discuss.Giants general manager George Young refused to answer questions whether the club would stand in the way of anyone wanting to hire Parcells, who leaves with a year on his contract.

Parcells said relaxing is all he wants for now. "Let me get out, walk around and act stupid for a while," Parcells said when asked whether his future plans might include coaching. "I don't have a crystal ball. I'm not ruling it out, but I'm not out there looking for a job."

Parcells mulled his decision for months after New York's 20-19 victory over the Buffalo Bills in the Super Bowl in January before coming to a decision this past weekend.

"It's time to move on," he said. "That's the best way I can say it. It's been a great eight years here. Who's been luckier than I have? In show business you want to play the Palace. I was fortunate to play the Palace for a while."

Ray Handley, the Giants' soft-spoken offensive coordinator, was immediately named the team's head coach, a position once thought destined for Bill Belichick, who took the Cleveland Browns' job in Feburary, clearing the way for Handley.

The position of former Utah Coach Jim Fassel, the Giants' quarterback coach, is thought to be firm.

The resignation came as a surprise to most Giant players, with Parcells on top of the coaching world, having led New York to its second Super Bowl victory in five years. Several players said they had seen Parcells in the locker room on Monday and Tuesday and he had given them no indication he was leaving.

Parcells said he informed Young and owner Wellington Mara of the decision about 2 p.m. Tuesday, and they offered Handley the job an hour later.

There had been reports that Parcells was concerned about his health and that he had been offered a job as a television football analyst; Parcells denied them.