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 (19314)	12/31/1997 11:38:00 AM
From: Paul Fiondella	Read Replies (3) of 42771

Papering over the problems --- Exactly Even Soros in today's Financial Times admits that you cannot control the investment process in a capitalist economy. ITs a fact of life. Money chases the highest rate of return irrespective of whether the investment results in increased productivity or a luxury high rise tower in the slums of Bangkok. The Soros solution is an international rating agency for loans --- the equivalent of the FDIC with "regulation" of the level of guarantees country by country. If bankers are anything like politicians when it comes to subverting institutions and checks and balances, I can just imagine how long this will last. Its a pipe dream. The problem is capitalism is what it is. Its time for the speculators to take their licks. I thought the free market was supposed to take care of everything. Well let it take care of the banks and their mafia friends in Asia too.

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