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


To: EPS who wrote (24325)11/18/1998 1:50:00 PM
From: dwight vickers  Read Replies (3) | Respond to of 42771
 
Victor,

Paul may have been wrong about NOVL at times, but if you read Raging Bull he has been making nice profits trading it.

I think anyone who follows Paul's critics and their "don't worry, be happy" attitude toward the world economic situation, will eventually regret it.

Just like last winter when they were saying "see---we told you Asia wasn't a big deal", these things play out in stages.

The problems aren't being solved. They're merely having money thrown at them by the Central Bankers.

That won't solve anything, but it helps stock markets in the G7, by creating money to throw at the "Greater Fools".

Hard to see where it creates business opportunity (already have over capacity), or stimulates entrepreneurs to start businesses (in a world of shrinking profits?).

Anyway, I see a lot of chest thumping here by those who were lucky enough to not buy NOVL too early.

I wonder if a good look at the rest of their trades would show them to be in reality as smart as they are in their story telling.

My experience with big talkers? Not likely they would stand up to close scrutiny.

Now of course, I'll be watching to see who tells me in advance when I should sell.

And hey Roger!! Don't ignore insider activity in the rest of your investments. It's one of the reasons that Yahoo (and others) have started to make it easily accessible to investors.

Apparently Schmidt has been able to do a good job at NOVL while not having enough confidence to buy in the open market. That doesn't mean it will be wise to ignore a similar signal next time.

Regards,

Dwight



To: EPS who wrote (24325)11/18/1998 5:05:00 PM
From: George Papadopoulos  Read Replies (5) | Respond to of 42771
 
Excuse moi Victor

>I'm sure that if Fiondella comes back to the thread and humbly says that he is sorry we (by *we* I mean all the people that he has insulted) will probably forgive him and share our knowledge with him and moreover give him our advice without further need to ridicule him.

Victor are you serious or are you joking here?

>I guess that it must be painful enough for him to see that we *the
idiots* are making a killing while he Fiondella (*the brillant nvestor*?) is at best recovering some of his losses!

All current NOVL shareholders should be thankful to him and Joe and the other old timers of this thread who together pulled off some extraordinary actions which probably have directly contributed to the change in Novell's operations and have led to the rise in Novell's stock price.

At least Paul was and is always upfront with his positions. He always put his money where his mouth is...Instead we got some cheerleaders here who keep writing long dreamy posts and some techies who rave about NOVL and invest their money in Canadian penny stocks!

Nothing personal. I have read every post in this thread. My point is that Paul and Joe have done more about NOVL than all of the current posters combined.

As far as showing off on predictions....I just shake my head. I am thinking about starting a firm that will independently compute the investment performance of posters who keep challenging themselves here in SI (or anywhere) and declare the winner officially in a website.
Venture capital anyone?<g>

Son got the flu, too many diaper changes today at home. Maybe that's the reason I am cranky.

George