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

To: Paul Fiondella who wrote (21210)	3/18/1998 9:08:00 AM
From: dwight vickers	Respond to of 42771

I remember old Abby from way back. Huge bull in 1987 before the crash. Actually she has never been bearish. Never. But you become a guru when the market is also a one trick pony for a long while, and it's your trick. Her reasoning is seriously flawed, as any experienced market follower can figure out for themselves. Sadly CNBC has lost most of their experienced market hands. I heard someone wondering once why she hasn't been made a partner at Goldman. Would seem to confirm that she is lightly regarded. I believe she is destined to become the Prechtor or Granville of this bull market when it does end. But she'll have lots of company. You would have really loved the other guy who was on yesterday. His name is Froehlich and I believe he's an economist with Scudder. CNBC has him on regularly, also. He said that P/E's of 40 aren't a concern. They could go to 80 and they wouldn't be a concern because the environment is so "perfect". Gotta love it! Dwight