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

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To: Eric Briendel who wrote (9034)3/7/1997 10:57:00 AM
From: TJC   of 42771
 
Also, on a side note, this thread seems to be rapidly losing it's once
impressive value. We all need to try and keep our emotions out of it, or sell the stock. The old-timers here are very valuable to have around, and they have experienced hell from this stock. However, as someone pointed out, this is an investment. The company is not responsible for making YOU money. If they do not live up to expectations, then sell at a loss, and go on. I almost sold at 12.75 before earnings were released, but thought they would be on track or better, instead I sold at 10.25 after holding on a little bit. This loss was caused by my own greed, and I have noone to blame except myself. I do plan on buying back in if it hits 9 or below. To comment on daily up's and down's of the stock is probably not fair, although it's been more down than up.

The status of the stock all has to do with your entry point in it. This is why we have so many fresh faces that are excited about the potential for this stock. They should be. When this hits 12 again, it won't help the long-term people (unless they bought a new position), however the new people will be VERY happy.

Tom
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