Novell (NOVL) dirt cheap, good buy? Message Board

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

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To: E_K_S who wrote (24290)	11/17/1998 9:21:00 PM
From: Frederick Smart	Read Replies (2) of 42771

I Miss Paul!! It's so ironic that he's hiding out on the Raging Bull thread. I posted this over there today.... Ah, the memories Paul... By: Smartbandwidth Reply To #436 by Fiondella Tuesday, 17 Nov 1998, 7:12 PM EST Post # of 441 Hello Paul: Nice to find you once again. You were in high form when the market looked like it was about to head in the toilet forever. Somehow you disappeared from SI. Perhaps because the markets reversed. This is how I called it when you were shouting your bearishness from the rooftops. It's only fitting that you also left the SI Novell scene just as the stock finally got some legs in the second move to conquer the $13 and change level. As a positive guy I miss your counterpoint. I'm not planning on spoiling your forum over here. Just wanted to wish you well. =========== To: ToySoldier (23639 ) From: Frederick Smart Thursday, Aug 27 1998 11:18PM ET Reply # of 24288 I'm In Total Shock From the Ferocious Terror Out There!!!! Pure Fiction...... "I confess I was wrong to be so bullish. Wrong to support Novell's turnaround. Wrong and foolish to constantly come back to the well and stay with this market and Novell in particular." "We are all heading to oblivion. The embarrassment of Clinton's example and a total lack of credible world leadership has put us all in jeapardy. I expect the stock market to continue in a protracted decline that will wipe out 80% or more of equity values. We are 6 months away from a recession which will decline into a full blown depression." Golly, I can even scare myself writting such stuff. Now I know why Paul is so negative. Is that good copy Paul? I've saved it just for you. Truth Let's let the smoke clear and regain our composure. I remain committed to this market. The waterfall-reflex action in the move under the S&P's 200 DMA made for a great show. Bearishness is rampant. Cash is high. The pressure on the Fed to ease is growing day by day. From here on out, cheap bandwidth is going to drive and explode everything. Low prices and a memory/chip supply glut that's slowly turning means that technology revs will be fueled by the deployment of digitial IP-packet fusion of audio, video and voice data across these blazing fast and growing integrated public fiber pipes that will be activated.

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