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: EPS who wrote (21736)	4/20/1998 10:11:00 AM
From: Paul Fiondella	Read Replies (2) of 42771

I have to stop this!!! My favorite bank, the Bank of Toyko-Mitsubishi, which Cramer said he was buying big time a month ago, lost 2.3 billion dollars last year. Go to www.feer.com , the Far East Asia Economic review. They will answer your investment in Asia questions. Note however that one investor polled by them recommended US Treasury non-inflation bonds at 3.78%. Yep a good yield for a bond and fully protected against inflation. As to Japan's financial institutions, they still have not done much to liquidate their bad debts, whereas here it was done via Resolution Trust fairly quickly, therefore, you would be better off just sticking to the Japanese export oriented firms that have had fair earnings in the midst of the current debacle. HIT (because it was beaten down) and SNE (Sony) have been bid up already unfortunately. But just check out what those Asian investment firms are saying after the bust! You'll be six months ahead of the curve. =============== Good luck with NOVL.

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