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

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

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To: dwight vickers who wrote (19241)	12/25/1997 12:26:00 AM
From: Paul Fiondella	Read Replies (2) of 42771

Well I'm on Japan watch for sure Industrial production dropped 4.1% in November. Inventories increased. Also the de facto competitive devaluation of the Korean Won is started to spread havoc in other weaker Asian countries. Indonesia's currency is under attack. The only good news is that the Japanese appear to be sending out signals they will rollover the Korean short term debt (25 billion). Several US banks announced they were doing the same and alluded to IMF and US Treasury pressure. ============================== Novell closed the day at 7 1/4. I guess 6 1/2 isn't too far away.

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