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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: FundAce who wrote (10462)3/31/1997 8:25:00 AM
From: dwight vickers   of 42771
 
FundAce,

I agree on the effects on Novell if the Dollar weakens, it's just hard to imagine a scenario where it weakens with us raising interest rates, and the Germans trying to talk down the DM. The Japanese are also in a precarious situation with a 40% increase in national sales tax due to go into effect tomorrow, and their economy so weak. Interest rates in both places are so low that decreases are unlikely, but I can't picture them increasing, unless there are signs of strength that at this point aren't apparent. Therefore, it's hard to picture Yen and DM strength.

Hope you're right though,

Dwight
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