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: Paul Fiondella who wrote (19247)	12/27/1997 3:14:00 PM
From: dwight vickers	Read Replies (1) of 42771

Foreign holdings of US treasuries have dropped almost 7% since early September. $647 billion then, to $603 billion this week. If we keep operating near flat on the budget we may be able to survive a pullout of funds by the Japanese. It would help if the stock market turned weak and people started looking to bonds as a safe haven. Of course if they began re-patrioting and it did cause a runup in interest rates, we would have one heckuva triple top in bonds. Still I can't help but think that any runup in rates would be short lived in a deflating world. Dwight

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