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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: Paul Fiondella who wrote (29896)	1/12/2000 5:45:00 PM
From: Retired Eagle One	Respond to of 42771

TRADING UPDATE: I SOLD ALL MY STOCKS THIS MORNING except for my bank stock (which i inherited and will never sell). Sold everything when bonds were at 6.66. Today bonds closed at 6.71 THE HIGHEST ITS BEEN SINCE 2 July 97. Although i love NOVL and GBLX its dumb to try and beat the FED. Why are rates going up? The real rich have made a killing in bonds over the past fifteen years - bonds got the highest price possable and now they are selling the bonds and buying treasury bills to ride the higher short term rates up. How high will they go? As high as possable. why? because it sets the next fifteen year cycle to again move back into bonds after interest rates have be raised as high as possable. How high is possable - my answer is as long as there is loan demand and people willing to pay the interest. in 87 rates were increased from 7 to 10 percent in 3 months. Guess what the profit is when bonds are 10 percent and you convert your treasury bills to bonds at 10 percent and then ride the yield curve down to 7 percent? Remember the 20 percent 20 year non-callable Virginia Munis the last year of Carter's administration? Could the FED do that again? Sure no problemo - everyone that is a director of national bank would rejoice in pleasure (they are the largest holders of us debt and trade their equity between treasury and bonds depending on which way interest rates are moving. OH YEA --- I ALSO PAID OFF ALL MY CREDIT CARDS. ONLY DEBT IS A FIXED MORTGAGE. AS SUCH I AM DUG IN AND WAITING FOR THE ENEMY TO KILL EVERY ONE ELSE ON THE BATTLE FIELD. I think its good time to take a trip to Dubrovnik and the island of Korcula (my favorite party location) with my laptop of course. Retired Eagle One

To: Paul Fiondella who wrote (29896)	1/12/2000 6:51:00 PM
From: Scott C. Lemon	Read Replies (2) \| Respond to of 42771

Hello Paul, > Can anyone tell me what these guys are up to? > > greenshoe.com Hmmm ... this looks really interesting ... a company with a focus on somehow providing you a capability to pay for items online using your checking account. I'm almost thinking that this might be related to one of these services where you can "permit" someone to direct withdraw from your checking account. If that is the case, then they would just set up an "on-line debit card" system? > In particular they claim they will let you use your checking > account to pay for ordering goods and services of any kind online. I wonder if it's as simple as a debit card type of arrangement? > I'm wondering what underlying technology this is based on? Will > banks accept an electronic funds transfer that is not credit card > based but is solely initiated by a customer using his/her checking > account from another bank? The big issue that I would look at is "How many sites have to be modified to accept this?" ... if it's none, then it's got to be something like a debit card ... Just some initial thoughts ... (Cool idea to pursue the college students ... this is an area that I tried to promote at Novell ... get'm the Apple way ... ;-) Scott C. Lemon