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

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To: Janice Shell who wrote (5375)11/27/1996 11:35:00 PM
From: dwight vickers   of 42771
 
Janice,

These street analysts can certainly move the stocks (short term) with their buys, holds, accumulates, etc. But let's keep in mind their sorrowful long term record in stock picking. I will wager that all or most of them loved NOVL at or near it's highs. I know it was the case with DWR for sure. So why should we be upset or afraid that they hate or avoid it at the lows, when it has become a bargain?

After all, it is one of many that has already made them look bad. Remember, they are trend followers. They will fall in line long after the stock (any stock) has begun to move up.

Dwight
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