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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Paul Fiondella who wrote (23654)8/28/1998 4:23:00 PM
From: Paul Fiondella  Read Replies (1) of 42771
 
NOVL finishes at 10 3/4 down 1/8 on 4.7 million shares traded

It followed the market down in the last hour but still resisted the damage being done to MSFT and other tech stocks.

The Japanese Prime Minister is scheduled to travel to Washington soon and he is having problems with his bank bailout bill in parliament. Someone is going to have to read the riot act to the Japanese. Someone else is going to have to explain to Clinton that he will go down in history as the one responsible for a stock market crash with Monica Lewinsky as the prologue.

"President Clinton succeeded George Bush. During his administration he left the success of his presidency to his Wall Street advisors while he spend his time womanizing. Unfortunately at a time when he should have been paying attention to his economic and foreign policy he was preoccupied with the scandal resulting from one of his affairs. The consequence to the country was a financial crisis that spiraled out of control while the President sulked in his vacation retreat and his principal advisers abandoned him...."

Well he still has the weekend to try to get this thing together. My wife believes that the way the current crash is being portrayed in the media, chiefly Bob Pissheadi et al.) it has received the "okay" from the big boys.
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