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

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To: Paul Fiondella who wrote (28215)9/22/1999 3:22:00 PM
From: Don Hurst  Read Replies (2) of 42771
 
Paul, Japanese Stock Mkt last night drops over 600 points
and everyone still says that the Japanese economy is in the tank and the yen gets stronger against the dollar.

My feeble brain can't handle this logic.

BTW, a Greenspan rate increase plus a stronger yen does not lead one to increased Detroit car prices. Don't forget that Japan builds alot of the US mkt in the US and increased US rates might just lead Detroit to more and better financing rebates to increase mkt share.

Also, Novl coming back a little right now. There has been quite a high volume of Novl Oct 20 options today also. FWIW.

Regards,

Don
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