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

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To: Jean Sutherland who wrote (10320)3/27/1997 6:10:00 PM
From: vinod Khurana   of 42771
 
Hello Jean, help me explain this. It is something that has driven me crazy.

Just checked with the fund I hold. The overall precious metals index was down between 8% - 9% but this fund I hold was down only 3%. It closed today at $9.2599 from $9.56. What is this manager holding ? In a major downturn that is unheard of, this fund hardly gets bruised but in up markets, his fund rallies. Now you know why I stick with this guy. The moment he leaves, I'm out of this fund.

I picked up more of the fund units today but above my expected price of $8.50 - $9. Now I have no cash left and am at the mercy of the fund manager. What a situation !! The Royal Trust Latin American fund was up $0.02.

V.K
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