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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Ghassan I. Ghandour who wrote (3620)9/17/1996 10:19:00 AM
From: vinod Khurana   of 42771
 
Ghassan, you said: "Novell is NOT for sale"!!! This may explain why NOVL performed poorly in the UP market of the last two trading days whereas NSCP had such a big rebound."

That is an excuse that sounds absurd. NOVL has performed poorly for the last two years, not last two days. Period.

Investors are looking to invest in growth companies and as far as NOVL is concerned, its growth ended several years ago. It has been on the downhill slide ever since. We hit the 52-week low yesterday and the Nasdaq has almost regained what it lost earlier.

Is this another buying opportunity ? NO !! Better put your money elsewhere if you want to invest in tech. stocks (e.g Intel, MSFT)
The opportunity cost in holding NOVL stock has been far too high.

Put emotions aside and just hope you can recover what you have lost.
No point in losing any more.

V.K
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