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

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To: dwight vickers who wrote (9773)3/21/1997 11:57:00 AM
From: George Sedlacko   of 42771
 
Dwight,

Just wanted to say how smart you are - which means that we agree on most points. Over the past two years or so, economic indicators have been rather mixed - up one month, then revised downward, then a positive etc on and on. I would expect .25 pts increase because they have been preparing everyone for this move for the past two months. I view it as a moral booster- we can all rest easy because the Fed is vigilent- and a market positive. Additional increses seem to be unjustified. All in all, the idea that growth is steady and inflation is low will propel the market higher. By now should know that the market won't crash until NOVL announces their first real big quarter- then the bottom will fall out. They're cursed, you know.
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