SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: R. Tang who wrote (3560)9/14/1996 1:22:00 PM
From: David A. Lethe   of 42771
 
Mr. Tang - I am laughing all the way to the bank. When I entered this thread, my first post was how NOVL implemented a screw-their-VAR program, and they (VARS) were being courted by MSFT. At the time, the stock was in the $17-$18 range.

I told investors to get out, as the product wasn't selling like it used to because resellers are getting out, and they are writing applications for NT.

Some people challenged me, and asked me for more information, which I supplied, and continue to do so. THIS IS WHAT SI IS ALL ABOUT. people sharing information & strategies. Cheerleaders need not apply.

Others flamed me, and called me a MSFT hack. I gracously responded, and told them truthfully that I had no position in NOVL. They asked why I was down on the company and their products. I told them.

MR. Tang, you wrote that, "Dave(David?) and V.K., you three must be desperate, you have been very persistently trying to pouring fear into the long or short term investor's mind, trying to convince most of us who write to this thread or read this thread to give up, to sell, to drive NOVL to single digit"

OK, I admit it, it was me. All NOVL shareholders can officially blame me for tanking the stock. All the institutional investors, and NOVL clients are in constant communication with me, and can't make a decision without my guidance. W. Buffett has me on his speed dial.

Mr. Tang. I looked at the company, products, and competition objectively, from the standpoint of somebody with many years experience in this industry. I have been in the computer/networking business since '81, and have worked for small to large companies, have lectured, been published, trained resellers, been National UNIX tech support manager for a Fortune 1000 company, Regional Sales manager, exhibited at Comdex, and so on...

The only proof that I was right and you are wrong is the current stock price. It went from $17 to $10. Now please get off my back.

(My apologies to the group if I seemed to harsh.)

David
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext