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Technology Stocks : Novell looking up
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To: Tony M. who wrote (102)3/12/1997 11:18:00 PM
From: Jack L. Dlugach   of 288
 
Tony:

Since I was buying AMD at 9 and 10 and 12 just last June and
July, I agree that it sure does seem overvalued: that's why I
sold half yesterday 'cause it was making me way too nervous.

Now I know how Pat feel about WX! I sure slept well last night
after locking in at least some of the profits.

As far as Novell goes, I followed Joe's lead and put in a bid for
5000 shares at 8 so, what the hell, AMD will pay for it if it goes
through and, actually, I sure hope it doesn't.

Something is certainly strange about this one: here we are in a
market that is severely overvalued and Novell has the fundamentals
that seem to say it's very cheap and all it does is get cheaper.

Hell...what do I know. All I'm doing is making money and can't
figure out why! Just blind luck, I guess.

At the moment, though, I feel about Novell like I did about AMD last
July...lousy management with no care for the shareholders--can it
happen again?

You betcha==and it will!
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