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

To: Paul Fiondella who wrote (23014)	7/14/1998 10:12:00 AM
From: Emmo	Read Replies (1) \| Respond to of 42771

Ahhhh, I asked my ass for a response and it said; Does Paul ever wonder who made the most knowing ahead of time the appeals court ruling re MSFT? Oh, oops I was too busy wringing my hands over the couple of points someone made on NOVL's stock. Come on Paul, how about some good clean intelligent posts, I know you can do it.

To: Paul Fiondella who wrote (23014)	7/14/1998 10:43:00 AM
From: Frederick Smart	Read Replies (3) \| Respond to of 42771

>>Holders of NOVL I'm looking forward to the stockholder's suit at this point. Doesn't it ever concern you that the stock you own trades like it did yesterday? Did you enjoy watching those guys buy the stock in the last twenty minutes awhile back and get a couple of points on the press release the following day? Or are you one of those guys who sits back on his ass and says "It's okay with me duh.">>> Paul: If your focus is really short term - as your recent MSFT option reference seems to indicate - why bother trying to second guess the system. Get involved. Try to understand it first before sending out the flames . There are a lot of very good market makers out there. The industry is going through a transition as it begins to embrace the internet, ID and some emerging protoclas more directly. The SEC and NASDR are developing automated audit trail systems that will track all this, but they won't be ready for another 1 1/2 years. Each firm will have to submit an execution file with all the proper order entry times, sequences, handoffs, etc. to the NASDR and perhaps SIAC on a daily basis. Currently, the system is called OATS and it will cover only NASD issues. Check out their website. This is bigger than Y2K in some respects. The window for fun and games will be closing soon. There a far fewer opportunties to "game" an OTC stock today than say prior to the display rule last February ' 97. Paul, you have to admit to yourself and others that you've been wrong on the market for some time now. Yes, its a fools game. And every bear has his/her day, but the power behind this financial channel is huge. I'm in the business and see this firsthand. There is another sea of investment rechannelling that's hitting the market, coming from babyboomers who are inheriting wealth. This channel is being sucked for all its worth. Unfortunately, those inheriting this wealth do not know the full implications and risks, but this process will continue for some time. Some major reformed former bears have started reasserting their bearish positions during recent weeks. This confirms to me that the trend is still up. Every bear will be slaughtered before the top is put in. Nobody will think of shorting the market before this is all over. Microsoft is now a proxy for the S&P. This is a huge momemtum play that sucks more fools in, but has power that will destroy those who bet against it while this is happening. Let the MSFT bubble form in all its glory. Let the S&P blow up along with it. From where I sit, the underlying market is looks strong. All the best.