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

To: Spartex who wrote (25414)	2/11/1999 6:53:00 PM
From: fb	Respond to of 42771

Thanks, Regards, fb

To: Spartex who wrote (25414)	2/11/1999 9:40:00 PM
From: Frederick Smart	Respond to of 42771

Subject: Here Comes The Wall Street Herd.... Date: 2/11/99 8:30 PM Central Standard Time From: FKSmart Message-id: <19990211213056.17654.00000162@ng-fz1.aol.com> >>Gruntal Upgrade by: Associate9 (26/M/New York, NY) Just came over the wire...Gruntal starts Novl at Strong Buy>> I really don't want this to happen this early in the game, but with each passing day of positive breaking news and other head turning developments, Novell is looking more and more like a real winner - with the kind of "legs" Wall Street safely likes to bet its client on. I hear the rumbling. The herd always begins to gather during the midstream stages of a turnaround move such as the one we've enjoyed. There is a great difference in analysts making quiet recommendations to protect their backside and actually engaging client dollars in a commitment move to buy and hold longer term. If you will notice, the price targets are still very weak. Gruntal had to throw in the towel on this thing or the reputation of their networking technology research was "dead meat" going forward. Also, don't underestimate the gigantic leverage, power and hold that Microsoft - the investment dream story - has over Wall Street analysts. Technology research is guided by the same star system found in Hollywood. You are either hot or history. Few technology research departments want to be caught dead panning Microsoft, its past, present or future. Too much money has been made by just too many people. Microsoft has reached investment cult status. As with all cults, you are either 1000% committed or you are banned totally from the domain of key information which all analysts need to do even basic research. Microsoft has had these analysts around their fingers for years. Snap fingers and the analysts jump..... I know I'm being very simplistic, but it's for a reason, especially when you compare the severe isolation and ridicule Novell has endured in the desert away from the heart and soul of Wall Street for these past few years. Just know that when it comes to companies with the size, brand awareness and technology base such as Novell the turnaround will be very long and sweet indeed. Look at the beating IBM took for the several years after the '87 crash. It was given up for dead and almost completely retraced the entire '82-87 bull run before turning around. Novell is no different right now. I love it when there are still rumblings and signs from this board and elsewhere that the vast majority of the world still does not "get" the massive turnaround Novell has made over the past 1-2 years. Gruntal's move was smart. Like a losing trade, take your losses and move on. I can see, feel and experience this growing Red Storm Rising to higher and higher heights. Novell, the internet bandwidth rocket is about to take off.... One word. GO!! Ida5683