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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Dave Johnson who wrote (8883)3/4/1997 7:35:00 PM
From: Paul Fiondella   of 42771
 
So you got in at 9 3/4 and are upbeat. What a surprise.

Using your dumb theory that everyone that doesn't like what management is doing to their investment should sell the stock, we would see several million shares dumped every day by each and every institution invested in the stock.

Boy I'd love to see your face if they followed your advice. You'd lose your shirt in a hurry Dave. (And you still may if and when they make that decision)

I can assure you from personal contact that some of these institutions will not follow your advice since they have a responsibility to their investors to enhance not diminish shareholder value. And that includes forcing management to recognize their responsibilities to the shareholders.

And the same goes for every investor on this thread and that is exactly why we post what we post.
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