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

To: Paul Fiondella who wrote (31877)	5/23/2000 7:44:00 PM
From: Wallace Rivers	Read Replies (1) \| Respond to of 42771

FWIW, I am once again underwater with my NOVL shares 3 years + after initial purchase. And, just like when NOVL cratered about 3 years ago (the Antol years), we are getting hysterical rantings about how this stock is a POS, will never recover, ad nauseum. I will remind folks that NOVL did indeed recover then and, IMHO, will now. Such hysteria is often sign of a bottom. And, I'm not trying to imply that NOVL is currently without problems.

To: Paul Fiondella who wrote (31877)	5/23/2000 8:04:00 PM
From: Captain Jack	Respond to of 42771

Paul -- I hope for all (the few ??) that are as optomistic as you it does even better. I do not see me hanging around as I hate holding losers with incompetent mgmt that lacks 1 iota of credability. That is how I see NOVL at this time. The most likely surprises IMO will not be good,, but it should see a low within $3 unless the mkts come back. It may be "a screaming buy" now,, if I had the slightest bit of confidence in the mgmt group (as they are not a team) I could agree. We shall see much lower before any higher IMO. No one will rec the stock until the mkt direction changes and there is strong reason to believe they can grow,,, that will take a lot of proving. If there are mgmt changes that could be a plus-- too many "IFs" for any thing but a few buck gamble.