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: dwight vickers who wrote (24358)	11/19/1998 6:18:00 PM
From: EPS	Read Replies (2) of 42771

throwing money at a problem caused by money throwing, isn't the answer. Dwight, Wish things were that simple. Guess it is more of the old "go right to go left" type of thing, or a contrarian indicator if you will. Inflate.. to deflate later(with more control). That is the operative word: control. At any rate the current crisis shows that the worlds monetary system needs to be overhauled. Not sure this is going to be good for us.. We invented the throwing money at a problem technique. Way of life. (But not with with my money..?) I personally feel that the inflation is here already, and it's in speculative investments. Well, as you know, we agree here. I have been divesting a portion, albeit small, of my portfolio to real estate assets for the last few years. It will pan out eventually..it already has done nicely but cannot compare the performance with the techies..! Here since you want to keep a tab of my mistakes: Sold a fraction of my 15 and 20 Jan '99 NOVL calls to lock in some profits, and buy more cheap MSFT puts (has not worked well so far :-(). Still hoping for good earnings (pretty sure we are fine this time...) and finally some endorsement from major brokerages in short order... Regards Victor PS On name calling, I never called anyone anything unless provoked. I was tempted to call Gary Ku an idiot but decided that the best thing to do was not warn him. On the great Yahoo investor competition. I think it is easy to make it big: starting with a 100K of worthless money you go and buy some Russian telco or bonds..and voila it goes up 10000% in a couple of days. (If you have difficulty risking your toy money in this fashion or if Russia is too much you should then try KTEL in fact ask Gary Ku about it!!)

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