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

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To: Paul Fiondella who wrote (20222)2/23/1998 8:50:00 AM
From: dwight vickers  Read Replies (1) of 42771
 
Hi Paul,

You almost make these sound like serious problems!

It never ceases to amaze me that people think that government bureaucrats can fix this type of situation. Japan is living proof of how easy it is to do everything wrong.

If they had taken their medicine in 1990 they could be healed by now.

Personal opinion is that we have cyclical (long wave) problems that the US has been best at postponing. Printing money will solve problems short term, but those bills eventually must be paid, also.

No G7 planning can stop the cycle. Only delay and make it worse.

I wonder what will happen if our economy starts to slow and Americans can't be the buyer of last resort? The Japanese? Europeans with double digit unemployment?

Still feel we're going to be living in interesting times. The "new paradigm" notwithstanding.

Dwight
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