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


To: Serendipity who wrote (20212)2/20/1998 11:20:00 AM
From: dwight vickers  Read Replies (1) | Respond to of 42771
 
So that gets Korea back to where, 50% down?

Laughter may be the best medicine, but there isn't much to laugh about in Asia. Unless civil unrest, depression, bankruptcy, and despair strikes one as funny.

Depression is the outcome no matter which course they take. The only question is will they fix the problems, or cover them up and hope for the best. Not a pleasant outlook.

The Asian crisis will take a very long time to play out. At this point it is unclear as to whether it will spread around the world.

My own take is that it will, but we may not see the effects for a year or more.

Rallies or dead cat bounces in those markets do not change what has happened or what will happen. Japan has had numerous sharp rallies over the last 8 years, each heralded as the end of their problems. But last time I looked the Nikkei was down 60% from where it was in 1989.

Dwight



To: Serendipity who wrote (20212)2/20/1998 3:36:00 PM
From: Serendipity  Respond to of 42771
 
Technicals are supporting fundamentals! I am worming up to the price action again--since the pull back started. All sorts of "stuffs" are "telling all sorts of things"--if
you are bullish!!!

This is looking more and more like the real thing.
Patiently watching, but not counting anything yet. LOL

Seren.



To: Serendipity who wrote (20212)2/20/1998 3:54:00 PM
From: Serendipity  Read Replies (1) | Respond to of 42771
 
Frederick and All:

Here is a partial list of brokers following NOVL.
Could you add and enlighten?

Seren.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Brokers Directory Report;

BT ALEX BROWN, INC.
GRUNTAL & CO., INC.
MERRILL LYNCH
MORGAN STANLEY, DEAN WITTER DISCOVER
OLDE DISCOUNT CORPORATION
PAINE WEBBER INCORPORATED
ROBERT M. COHEN
STANDARD & POORS CORP
WASSERSTEIN PERELLA & CO., INC.