Hi Twister, You know you were right, I should have waited until after COMDEX. I'm killing myself right now. I was just thinking about their PE ratio, it's already at a 35+ ratio for 97'. If it keeps going higher, I'll have to do shorts on the FEBS. Do not get wrong, I don't despise MSFT, I live less than 20 minutes away from them. Some of my friends work for them! But there is always a time when they come back down to Earth, I see them coming back down to around $120 in the FEB-MAY period. I might be wrong with the Jan's, its' cutting it a little too close, if I waited I would have gotten them for under $3.
For the long run, I think MSFT will do well because of Win 97, PC's are their specialty. Also, NT will continue to grow, if the world decides PC's are the way to go, PC's might become obselete and there will only be workstations. Where would that leave the NC?
How did you come about Novell? I've known that they were the industry leader since forever, I read in Invidual Investor(I'm subscriber) their recommendation into the Magic 25. The only one I got into was ACT Networks but I was interested in Novell. So, I just watched it for three months, it kept on going from 20 to 15 to 18 to 14 in that time, I decided to buy at $14 3/8. For awhile it did well, reached 15 1/2 even 16 maybe. But then it plummeted and I eventually got out at $12 1/2. I thought it was a sure thing because it was the best, that's how come I look at everyone now even MSFT. Then, there was Micron, that's whole different story! (I can laugh at it now)
May both of us do well!
Ellison |
