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

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To: Frederick Smart who wrote (20223)2/22/1998 4:39:00 PM
From: Don Earl  Read Replies (2) of 42771
 
Hi Frederick,

Since Asia accounts for about 14% of Novells revenue with the majority of that coming from Japan, labeling discussions of that economy as (off topic) is more a courtesy to those who would prefer to go through life with their heads in the sand. The attack on the Hong Kong dollar caused in the neighborhood of a 20% drop in the value of NOVL over night. If you don't believe this has anything to do with your investment, I feel sorry for you.

As a result of Paul and Dwight's posts, I did a great deal of research on my own. So far I haven't been able to find anything that suggests the information they have shared on the thread to be anything but accurate. Time will tell if their analysis is overly bearish. The information and it's potential impact is very real.

My biggest losses in the stock market have been a direct result of not wanting to believe I made a mistake and refusing to correct the mistake while the losses were still small. Attacking the messenger for bearing bad news is the work of a fool. One of the best sources of information I find on the threads is informed opinions different from my own. It almost always suggests avenues of research that had not occurred to me. I may not agree with the opposing view point when I'm done checking it out, but I can guarantee you I have more information than I started with when I'm done.

Regards,

Don
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