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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST

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To: jd who wrote (2416)10/11/1999 9:08:00 AM
From: TCTexas  Read Replies (2) of 3813
 
<<How much of a surprise are to talking about?>>

If I new this.....<gg>

The key resistance level is 75. That is an 8% jump from where we are right now. There has been a lot of selling after the last couple of earnings releases, and unless the other chip companies have some blockbuster earnings (as well as NVLS), we may have a difficult time with the $75 level. Now if we can break above $75, we should be good for a nice run (again, if supported by the sector).

TC
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