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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: ToySoldier who wrote (22315)5/27/1998 11:56:00 AM
From: dwight vickers  Read Replies (1) of 42771
 
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" I have looked at the %age correction but I dont put much value in a %age correction. Lower priced stocks always have a higher %age correction - that is inevitable.

Lower priced shares will also have a greater %age rebound."
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I think I missed that study. The actual numbers show that to be incorrect, I do believe.

Overpriced stocks tend to have the biggest corrections.

Other corrections tend to be based on the relative value of individual shares, and the relative performance of large vs. small cap stocks.

Dwight
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