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


To: taxikid who wrote (19185)12/19/1997 5:42:00 AM
From: Lawrence Petkus  Read Replies (2) | Respond to of 42771
 
Hello Taxi,

I give no investment advise. If you're nervous about loosing money consider this: A hell of alot of people on this board (including myself) have lost big time on investing in Novell.

I was almost going to jump in myself. It kind of sounds like a number of other burned stockholders on this board are standing at the edge as well. This is called the "catch a falling knife" investment philosophy.

I buy stocks with special themes that I think might work: under valued assets, special products, exceptional management.

Novell's CEO, Eric, recently stated in an interview that people who work in the sale's channel didn't have enough product to sell and maybe the company should buy another company to add product. So it appears that the head is saying they have to get something for their salemen to sell. Sounds like a very speculative issue to me. Got money to burn?

Call a broker for the facts, go to Value Line and read up. If you're nervous, there's always tomorrow because this stock ain't going thru the roof in the next 24 hours.

I do not give advise and everything I say on this board is personal opinion open for discussion (unless I quote a source.)

Good luck and don't play chicken with your dough. Have a real reason for investing.

Lawrence