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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Gary Ku who wrote (24048)10/24/1998 11:21:00 AM
From: MskiHntr  Read Replies (1) of 42771
 
Gary, everything you said about the Fed et al is true, but it is a market of stocks, not a stock market...as Peter Lynch is fond of saying if you spend 15 minutes a year thinking of the economy, you've wasted 12 minutes, or something like that.

I don't think Fed action has anything to do with NOVL, as the level of interest rates has been all over the map since this thread was started and NOVL has been up and down and all around but now it is making new highs.

Enjoy what is happening with NOVL: new highs. Demand is overcoming supply. Think positive.

Life is simple. If you're worried about your position put in a stop loss order so that you can sleep better, or sell.

Keep the faith.
Best, Joe
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