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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: vinod Khurana who wrote (3726)9/18/1996 3:53:00 PM
From: Jack L. Dlugach   of 42771
 
VK:

Our estimate of 17 1/2 doesn't look any stupider than
Standard & Poor's fair value of 18 1/8.

So if they say we're "insane" (one of the nicer terms),
then they must think S&P is even more insane.

At any rate, consider the source: the same people who
come on here and tell others to stop the arguments and
insults turn around and tell you to sell your stock and get
off the thread.

Furthermore, I really don't think that most of the people
on this thread are stupid enough to base their investment
decisions on the opinions they read on SI...if they are,
then they might as well take their money to Vegas and
roll the dice.

I think that you are correct that Novell may, on a short-
term technical basis, go into single-digit territory and I
also think you are correct that there's probably not a
lot of downside risk.

Now that I've heard you say there's not a lot of downside
risk, I think I'll buy some more (been thinking about it
anyway).
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