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

To: vinod Khurana who wrote (18127)	10/27/1997 3:04:00 PM
From: Steve Fancy	Respond to of 42771

Hi V.K....didn't mean to strike a nerve, I also have been amazed at MSFT's stength. Unbelievable. All stocks have their breaking point though. I guess there's something to being one of the top couple household corporate names. Baseball, hotdogs, apple pie and Microsoft. sf

To: vinod Khurana who wrote (18127)	10/27/1997 3:39:00 PM
From: Don Earl	Read Replies (2) \| Respond to of 42771

Hi vinod, Steve, et al, I was on the phone with IR to find out what effect if any the Asian currency crisis would have on sales. As usual my comments on such conversations are subject to misinterpretation on my part and should be considered hearsay. As I understand it Novell does about 4% of their business in Hong Kong and sales are in dollars so the current situation should have little or no impact on revenues. Speaking of revenue, I couldn't get much in the way of clues (didn't expect to, but it doesn't hurt to ask). Another thing I asked about was insider buying and selling. Evidently Novell employees are given stock options as part of their pay and have little or no incentive to purchase on the open market. From what I understand most of the selling is tax related or exercising options prior to leaving the company. So I guess anyone looking for guidance from inside trades can pretty much forget about it. I called my quote service provider to find out why quotes weren't comming in. I guess trading was halted for awhile. Doesn't look like it helped much, unless you count MSFT puts. The only thing I can figure there is that Microsoft must have been buying stock for their employees to prop up the price. With the Department of Justice action and the dependance on foreign markets, Microsoft should have been the hardest and first hit. Looks like quotes stopped comming across again. Maybe they should just close the market forever and turn everyone into investors. I can afford to ride it out but I sure don't like it. What a mess. Regards, Don