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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Don Earl who wrote (22335)5/27/1998 4:25:00 PM
From: Paul Fiondella  Read Replies (2) of 42771
 
(Off Topic) Don I don't use Reuters

I don't trust any company that goes after Bloomberg the way they did. (A big copyright infringement case is pending here.)

Certainly the current correction fits the scenario of scare the little guy out of his position so as to be able to buy cheap. However while I expect another rally based upon the professionals recirculating their profits into sold-off stocks, like MSFT, the problems in Asia are real and are getting worse and shouldn't be ignored by the small investor.

The IMF should give Russia another 650 mil soon and that may calm the markets there. But this is a crisis and it is spreading. Eventually it will get here and wipe everybody out that didn't heed the Cassandras.

At this point having all of your assets in the stock market is absolutely nuts.
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