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

To: EPS who wrote (22043)	5/15/1998 11:10:00 PM
From: Ben Antanaitis	Respond to of 42771

All, Perhaps next month will be better. I will look at the June'98 Options analysis next week. Tonight I updated the NOVL May'98 wrap-up and posted the graph. Ben A. pipeline.com

To: EPS who wrote (22043)	5/15/1998 11:54:00 PM
From: Paul Fiondella	Read Replies (2) \| Respond to of 42771

Gold Glad to see you found the right article on the second try. First, central banks selling gold: Obviously this has happened in Asia big time. Its a no-brainer and will happen whenever currencies in Asia sink RELATIVE TO THE DOLLAR. When that happens it is a good time to buy. Witness Dwight's entry point. However when the situation reverses, when the $$$ depreciates as a result of a continued negative balance of payments on a massive scale then gold will increase in $$$ terms. In other words the value of gold is tied to the value of the $$$ inversely. Second, the EUro and gold sales. The article speculates that European countries will sell gold reserves once the basis of the Euro is fixed. But until the Euro is a solid reserve currency, those central banks will have to continue to hold gold. So the article doesn't compute. ================= Gosh, I guess I'm able to read an article and understand it too --- not just post it, but post some analysis of it. So you get a D for posting the right article the second time, and an F for failing to post anything of substance with the article (I don't count the insult.)

To: EPS who wrote (22043)	5/16/1998 10:26:00 AM
From: dwight vickers	Read Replies (1) \| Respond to of 42771

Victor, I'm not interested in a gold vs. NOVL bet. NOVL is way too depressed after a long bear market. Note that I didn't say it was cheap. Vs. DELL or MSFT is another story. No doubt they are risky to short but in a year or two (probably sooner) they will have finally made a lot of supporters poorer. One thought on gold is that there will be ever growing demand in the countries whose currencies got crushed, once they're back on their feet and are looking for investments. And in all countries where people of wisdom recognize the eventual folly of fiat money. The old "fool me once, shame on you. Fool me twice"..................... Dwight