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

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To: Joe Antol who wrote (19676)1/17/1998 2:13:00 PM
From: miraje   of 42771
 
OTOTOT

Joe,

It's always the right decision to sell at a profit <VBG>. I learned a lesson with INTC leaps last year. Had a double but held due to tax worries and good old fashioned greed. I'm now back to just over my entry point. Live and learn <sigh>...

Hope CPQ does well for you. I missed the ride up on the major box makers because I worried about lower margins and profit squeezes due to intense competition. As it turned out, the big fish (DELL,CPQ) fed on the minnows and did quite well.

I have seen too many investors fall into the trap of loving a company and/or its products and fail to step back and take a hard rational look at future business prospects in the real world. I am posting this from a PC with an AMD CPU (works great) but I wouldn't put a nickel into the stock of that bungling outfit.

I make a living trading and investing in tech stocks and it's tough to keep emotions out of the picture, but I really try. On balance, so far so good <gg>.

Regards, JB
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