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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: E_K_S who wrote (7715)2/9/1997 5:49:00 PM
From: dwight vickers   of 42771
 
Eric,

In a Wall Street Journal article in January NOVL was mentioned in a handful of stocks that would suffer because of the strong buck. No details, however.

The dollar has strengthened even more since then.

Rubin mollified the G7 with statements Friday that sounded like the US was satisfied that the dollar has gone as high as they want it to.

Problem is that the market today is bigger than the Central Banks, and it determines where the currencies are going.

Dwight
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