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

To: Marc Newman who wrote (23632)	8/27/1998 10:40:00 AM
From: Paul Fiondella	Respond to of 42771

Watching Novell It's interesting to watch the stocks in the least negative % categories. There you will find MSFT and DELL. NOVL however still doesn't make this category. IT continues to behave sluggishly. I attribute some of this to the crooks that make a market in this stock. They have a proclivity for not trading this stock and not moving the stock price once they have established the trading range in which they will collect the most pennies. (There can be sudden moves up or down on the opening or close but trading then stagnates.) At every opportunity they do nothing. I suppose that way they collect their pennies and limit their risks. If this stock simply traded normally---moving up or down to clear out bid/ask inventory---we would all be much better off. When I look at the action on my machine I see very few market makers in relation to transactions. Perhaps the blame should be placed on the firms engaged in electronic trading. On low volume NOVL is a leaderless market. Is this the future of stock trading?

To: Marc Newman who wrote (23632)	8/31/1998 12:55:00 PM
From: dwight vickers	Read Replies (1) \| Respond to of 42771

Again, a slow response. Louie Navellier (on CNBC) also exclaimed (unequivically) that the market has never suffered a bear market when interest rates were dropping. Guess he didn't check the US experience in the 1930's, or the Japanese experience----now! There were plenty of other examples. But I guess that doesn't fit with the "quants" post-WWII economic models that "prove" lower interest rates are always bullish. I personally cannot believe we aren't getting a fast and sharp bear market bounce from these incredibly oversold levels. I wonder if that is bullish or bearish................? Dwight