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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Paul Fiondella who wrote (21427)3/26/1998 4:41:00 PM
From: EPS  Read Replies (1) of 42771
 
Thanks Paul.

A few words quickly before I leave my office.

I have followed your columns here with interest, even when I don't agree with the fine points of your analysis. In particular on your take on Mr Soros: while I certainly think highly of Mr Soros as an investor I would not consider his every move as the best possible play. He makes mistakes sometimes! Take his most recent move on Silver. The jury is still out on his mines which are, I believe (correct me if I am wrong) doing a side movement that should be familiar for us in this thread. In part his role in the nature of things could be similar to what lawyers do: they are a necessary part of the check and balances of nature. He better than others can exploit imbalances and act on this information for profit.

I know first hand -we all SI people do- of a very large number of small companies doing all kinds of new technologies ranging from advanced communications/software/chip manufacturing/data compression/financial/etc etc which depend highly on moneys that we investors provide as we chase the highest possible return for our $$$. To believe that there is no correlation would be a serious mistake, I think. So some good comes out of this.

I would love to keep going but have to go now.

I look forward to more contributions of yours to this thread and wish you well in your investments.

Regards

Victor
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