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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: dwight vickers who wrote (22692)6/15/1998 11:55:00 PM
From: Don Earl  Read Replies (3) of 42771
 
Hi Dwight, Paul, Victor,

Appreciate all the feedback. Lots to think about. I still can't figure out why Asia is a crisis one quarter, then it isn't, then it is. The Heng Seng has been dropping like a fat rock for months, now all of a sudden it's a big deal. The yen goes down and the Nikkei gets hammered. The dollar goes up and the dow gets hammered. At a certain point I get the feeling that the news is nothing more than wild ass guessing at things they don't have a fuzzy clue about.

Kind of kicking around a short play on NOVL. There's a possible 15 month long double top forming, but no confirmation. There wouldn't be anything to hold it down if it breaks out at 13.

Regards,

Don
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