Novell (NOVL) dirt cheap, good buy? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Eddie Kim who wrote (15711)	8/15/1997 8:16:00 AM
From: dwight vickers	of 42771

At the risk of being flamed I'll post this. Anyone who thinks this is a great time to be investing for the long term (trading? ok if you will recognize the last top) should read the chart on page 5 of this weeks Barrons. Answer #1 Yes I know the baby boomers need to invest for retirement. Answer #2 Yes I know inflation/interest rates are down and will never go up again. (Actually this could happen) Answer #3 Yes I know the economy will never slip again and have a negative effect on earnings. Answer #4 Yes I know that stocks can trade at outrageous valuations because it really is different this time. But my question is. If stocks were so cheap and were long term buys in 1982 at the bottom of the last major cycle, what are they today? You can't time the market by valuations. I shook my head from 1978 to 1982 wondering how stocks could stay so cheap. (Got very dizzy) But I've been shaking my head for awhile now watching this market. Let's see what happens. Especially if we don't get that "blow off" top that all the smart guys will recognize. I know, I know......... Dwight

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next