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 (20832)	3/8/1998 8:15:00 AM
From: Frederick Smart	Read Replies (2) of 42771

The Fat Lady Hasn't Sung Yet.... Dwight: I agree wholehardedly with some of your points. >>But with the market at these levels any amount of selling makes massive amounts of liquidity evaporate.>> What are you talking about?? Liquidity is always out there - for a price. Just depends on the price one is willing to pay. If the market perceives/internalizes danger then the price is very steep as we saw last Fall. The real thing to understand is that such a price is usally paid by those with weak hands. Strong players collect that "price" - weak players pay it. It as simple as that, period. >>That's where I see the danger. A loss of confidence over Asia, Zippergate, the economy, higher interest rates. Many dangers.>> Yada, yada, yada. Just make a call. When will it turn. Stick your neck and money out and then tell us. It's a lot easier to talk about the market being high. >>Once it starts it will be hard to stop.>> Agree, but when will it? Even a normal bear market could cause it. There is so much of the average persons assets tied up in stocks that we may need no other problems.

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