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

To: Paul Fiondella who wrote (20237)	2/23/1998 1:38:00 PM
From: bry57	Read Replies (1) \| Respond to of 42771

AAAAAAt the risk of getting my head bit off, things seem to be a little tense on the thread the last couple of days. I'm not too sure why? It might be some concern over ASIA which are real concerns. I can't help but remember three or so years ago when the dollar was so low and every one was concerned Japan was going to buy usa for pennies on the dollar. I some times wonder if they would have come to our rescue had we needed them? Anyway we came through it. I'm amazed at how much power big money has and how they play little money so well we're not in the 20s anymore this is the 90s alot of input is good; I'm not in your league when it comes to research, Thats why I love this thread It's information with personality. Hope I didn't overstep my bounds. bry57

To: Paul Fiondella who wrote (20237)	2/23/1998 3:41:00 PM
From: Frederick Smart	Respond to of 42771

(Off topic) Paul: You forgot to warn me (Off Topic). Ok, well here goes good buddy.... >>Shallow thinking>> I'd prefer "Smart thinking". Has a much better ring.. >>So you would have thought what went on in 1929 was incredibly bullish long term for the entire world economy?>> Longer term yes. >>When a currency halves, do you know what happens to the value of assets? And if those assets are leveraged by debt do you have any idea what happens to productive capacity? IT SHUTS DOWN AND IT RUSTS. Do you think this "creative" destruction of capital is good for capital accumulation? Or do you also think that money grows on trees?>> There is plenty of money sloshing around the world and its finding a home in Asia as we speak. Far from shutting down and rusting, these new owners of assets are leveraging their economic position. >>The only thing exploding here is your mind. Are you on drugs? You actually believe this bullshit. In Indonesia people live on $0.30 a day, drink polluted water and scramble to find work in order to survive. There are troops in the street to prevent food riots. Both Clinton and the Japanese are trying to extend emergency food aid because factories are shutting down. I invite you to take a vacation to East Timor if you think power doesn't grow out of the barrel of a gun and governments are disappearing! Try reasoning with an AK-47 after someone finds a defect in your identification papers. Or maybe you should be Chinese instead of an American during one of those food riots and watch your business be torched to the ground.>> Paul, you write a great script, but its still based on an old static cold world model: us/them, fixed/corrupt as opposed to free. How do you describe the current Russian situation? My contacts in Russia and Finland and elsewhere tell of a whole new environment - sure rife with terrible corruption, but things are improving. As excess profit spreads narrow with increasing competition and contract law becomes more accepted, the criminal elements have less money to buy off and protect their stronghold on local business niche markets. >>May I suggest on your next visit to the bandwidth universe you take along all of the necessities. You won't know how pathetic the techie brand of consumerism is until you are stuck in (you name the country) with a serious illness and no doctor, no medicine, and no hospital.>> Appreciate the advice. I worked on Montana ranches growing up as a kid and know we live in a la la land here in the U.S. >>P.S. If you take the "trip", leave the bandwidth behind---there is no electricity.>> Again, thanks. ================== >>When you find some vulture funds (presuming you even know what they are) let me know, along with all of the other things you are too busy to let me know about. >> Paul. I've been in the securities industry for the past 17 years. Trading, research, marketing and management. My current firm - recently expanded through an acquisition - does over 2.5 million shares/day with 23+ traders. Send me an e-mail and I'd be happy to show you the people, facilities, etc. - here in Chicago and in S.F. I also own an trading application/development firm that sells products and services to brokerage firms and independent professional traders operating on in NASDAQ and Exchange environments. Be happy to share this with you should you have any interest. To close, God bless you Paul. You are a neat guy to have around this thread. Remember to consider stepping out with your Asian thoughts. It deserves a wider audience. Good luck!