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

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To: Frederick Smart who wrote (20898)3/9/1998 3:49:00 PM
From: Don Earl  Read Replies (2) of 42771
 
Hi Frederick,

I recall seeing an article about venture capitalists in silicone valley avoiding any kind of financing of start ups that might be in competition with Microsoft. I agree with your perception that the main danger of Microsoft is the way it is able to stop the advancement of new technology. I doubt I'd be able to find the reference in the middle of 20K posts, but it might be a good avenue of research for what you're doing.

FWIW I picked up some more NKQQB. Nice double top inter-day that seems to be part of the over all pattern of NOVL running out of legs. Reuters seems to be back to spreading gloom and doom. Hard saying if any of it is true, but that's what they were doing back in Nov/Dec. I don't expect March will be a good month for techs.

Regards,

Don
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