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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Frederick Smart who wrote (23670)8/31/1998 12:26:00 PM
From: dwight vickers   of 42771
 
I love the way that "New Era" stuff sounds, but what you're really seeing is the result of an over extended up cycle, badly in need of correction.

Too much debt (guess which country is virtually the most heavily in debt in the world?) which needs to be unwound. And unwound it will be.

Just like it has always been.

Too many uneconomic endeavors that have lurched into reality as the liquidity has flowed, now will be killed.

The ultimate negative effects will be felt by everyone, even (especially?) the "good guys".

Dwight
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