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: FundAce who wrote (9459)	3/18/1997 8:14:00 AM
From: dwight vickers	of 42771

FundAce, You just came across as someone who was trying to help give NOVL a little help getting to the ultimate low. Nothing wrong with that if you are, we just like to be aware of who we're dealing with. Always happy to have someone post who has something to say, positive or negative. You are obviously correct on the overheated market, just be aware that markets can rise for up to 6 months after the fed starts to raise rates. The newspapers were full of articles yesterday about how a rate rise was neutral/positive for the market, playing off the fact that this market has an unusual number of uneducated players. Plus the fed has to be concerned that the strength of the dollar, and the weakness of G7 economies, argues against a move at this time. To say nothing of the fact that the money supply has been growing at a high rate lately. Why wouldn't he squeeze that first? Interesting dilemna for Uncle Alan. Careful that this mini correction doesn't end in an upside blowoff, before the real decline. And no, I didn't buy anywhere near $20, or even $15. Regards, Dwight

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