Novell (NOVL) dirt cheap, good buy? Message Board

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

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To: dwight vickers who wrote (22819)	6/21/1998 7:22:00 PM
From: Paul Fiondella	Read Replies (1) of 42771

(Off Topic) Classical monetary theory would predict inflation. What has happened so far is that the price of a barrel of oil has decreased relative to all currencies. Commodity prices have collapsed. Since oil prices have deflated more then the YEN has depreciated you do not see any signs of inflation yet in Japan. At some point if the YEN continues to depreciate it would cause the price of oil in Japan to increase and then you might have noticeable inflation. Right now however lack of demand is having a deflationary effect on prices in Japan.

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