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

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To: douglas hurd who wrote (3678)9/17/1996 1:13:00 PM
From: Joe Antol   of 42771
 
douglas >> Anyone who speculates on high tech stocks without the instinct that can only be
developed by working in the industry is insane. Or just has money to burn. <<

Good rational post. And correct too.

I personally don't have money to burn, I don't like to lose (but my winners
certainly offset this loser (for now)), and you are correct about
having instincts developed by working in the industry. I have about
30 years worth. As well as do a lot of other folk, journalists, here.

I do not think a comeback of Novell is impossible. I do not think that
MSFT will take over the enterprise as they have done with the desktop,
(for a multitude of reasons).

I do think this stock is a LOUSY play for short-term traders. I do think
you REALLY have to know what you're doing if you are playing with options (+ or -)
on this stock. And I do think if your are long, and willing to wait for
a reward, this stock will do it.

Best Regards,

Joe...

monmouth.com




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