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

To: Paul Fiondella who wrote (18753)	11/26/1997 9:49:00 PM
From: Joe Antol	Read Replies (1) \| Respond to of 42771

Paul. Thanks for the help today. I really appreciated it. The clincher came when I watched (and studied) the "ticks" (very closely). Happy Thanksgiving to you and yours. Joe...

To: Paul Fiondella who wrote (18753)	11/27/1997 1:08:00 AM
From: Paul A	Read Replies (1) \| Respond to of 42771

I agree with most of your opinions regarding NOVL, however your opinions of the 'world markets' I couldnt disagree with more.... Very over exaggerated but hey- thats my opinion... and if things are as bad as you make them sound then who cares? my money will be worthless real soon... ... I actually close each week now with 100% cash with few exceptions, but thats part of trading as opposed to investing.

To: Paul Fiondella who wrote (18753)	11/27/1997 3:21:00 AM
From: Don Earl	Read Replies (1) \| Respond to of 42771

Hi Paul, (off topic) Is there a thread that covers some the economic issues that affect the stock market? I try to keep up with "Market News" on the NASDAQ site. Most days I find a lot of it to be over my head in terms of how the information translates into stock movement. It doesn't help that the same kind of information is good news one day and bad news the next. Something else I thought was interesting. I was looking at some charts the other day that compared the S&P 500 to some of the Asian markets. It looked like the US crash was actually well ahead of everyone but Hong Kong. I'm starting to think a lot of the downward movement is more due to agressive short selling than panic selling. I can see that a run on Japans banks could trigger a sell off of US bonds but how does that affect the stock market? Does everyone pull out of stocks to buy bonds because they are cheep, or do they sell bonds to buy stock? I don't recall any company citing the interest rate increase in March as a reason for reduced earnings. From what I can tell most US companies do little or no business in Asia so how does all this affect the bottom line? If every bank in Japan went bankrupt the cost of a bar of soap in Tacoma would remain the same and one would hopefully assume the folks in Tacoma would continue to bathe. If none of the soap comes from or goes to Japan, what difference does it make? I can see where companies like INTC and MSFT could get hit, but like you say, they seem to have seen the least impact from all the news. Regards, Don