SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novell (NOVL) dirt cheap, good buy?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spartex who wrote (26591)4/9/1999 11:49:00 AM
From: Paul Fiondella  Read Replies (1) of 42771
 
What are retail investors doing????

It has been suggested that the following pattern has developed. A tremendous number of people are now used to obtaining 20-30% gains in their portfolios with their entire level of genius consisting of investing in an index mutual fund.

Now if you look at the mutual funds those are not the types of returns we are looking at this year in the first quarter.

So what stocks are running up with the least amount of research and analysis? which stocks can you invest in and make money without much thought --- virtually any of the pure internet plays.

Money is rushing into those stocks creating an even bigger bubble.

My own feeling is that companies like Novell which move forward based upon solid technology, will clean up in any collapse of the internet bubble.

People are not looking at what it takes to get a company producing revenue on the internet. They think the internet revenue era is already here. Is it? Or is is just a promise and just a beginning.

It's just my opinion but I think Novell is going to emerge out of the coming consolidation of the internet industry as one of the big players. You will know what I mean when the Walmart's of this world buy for pennies stocks that are currently flying with the market cap of IBM and the earnings of my local bodega.

==================

I expect to see digitalme out sooner than Novell's competitors expect and I expect more retreats from markets that Novell goes after by the fly by the seat of their pants players.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext