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

To: dwight vickers who wrote (20700)	3/5/1998 9:01:00 AM
From: jad	Read Replies (2) \| Respond to of 42771

Briefing: Novell continued to climb, adding 21/32 to get back above 11... Minor resistance is at 13, with penetration resulting in move back to 15 area... Gains occurring amid very heavy volume. Does Intel change this? Do I see 10 1/4 this morning? Joe

To: dwight vickers who wrote (20700)	3/5/1998 9:02:00 AM
From: Paul Fiondella	Read Replies (1) \| Respond to of 42771

You are quite right, look to the long term And Eric pointed out that Intel cited Europe not Asia. However I have to warn people that I have always seen two scenarios, the long term decline and the short term blowout with regard to Asia. Some of you may have noticed that the Nikkei did not tank the way the other markets in Asia did last night. That is because the Nikkei is being held up to protect the Japanese banks capital base. IF THAT EFFORT FAILS, that is the Nikkei starts to head down out of control, then the impact on us from Asia will come sooner. That is why the valuations of stocks in the US market are particularly worrisome at this time.