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

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To: fb who wrote (30909)4/3/2000 11:54:00 PM
From: ToySoldier  Read Replies (1) of 42771
 
A few weeks ago I stated on this board that I felt nervous about the tech stocks and I was divesting from the Nasdaq and tech stocks until the correction occurs. In fact I moved my positions to the US Larger Company Blue Chips 2 weeks ago.

Well today was a great day for me! I actually had a completely accurate gut feel. I am hoping for one more day like today and I think I might move some of my position back into the techs in order to catch the valley.

And fb - you're right. NOVL's stock slide has almost nothing to do with NOVL issues. Unless they were considered a well-diversified American Blue Chip or non-tech stock, NOVL had little chance of avoiding the bullet today.

Now its time to sit back, have a cool drink, enjoy the day I witnessed, and further enjoy the fact that MSFT's day arrived today. It was sooooo nice to say on the MSFT board "I TOLD YA SO!".

Cheers all!

Toy

Toy
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