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Technology Stocks : Novell looking up

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To: neko who wrote (217)	5/29/1997 12:51:00 AM
From: michael g. konderla	of 288

The idea is not to sell at this point. A couple of facts. 1. No long term debt service. Therefore no need to issue additional shares which is terrible news on wallstreet when it is to retire debt service. 2. Over $1 billion in available cash. 3. Cutting 1,000 jobs, roughly 18% overhead. Bad for employees, great for stockholders. 4. Will need 2 quarters before rebound. May go 6 1/2. Average down 35% shares of your present holdings and don't panic. Won't be Cisco, or Sun Micro or Dell but go to sleep and around October,98' when it's $35 per share and you own 1,500 shares bought at 9 and 7 respectively. Your laughing. That's how upper-middle class, yuppies in their 30's and 40's retire quicker. Just ask my stockbroker, he did.

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