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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: Grandk who wrote (2568)1/8/2000 3:21:00 PM
From: Mike Gordon  Read Replies (1) of 3813
 
As mentioned in earlier post, NVLS survived the 10% NASDAQ correction and should be on it's way to meet a $50 post split share price. IMHO, the projected PE of 37.5 will support this movement.

Question becomes, will the mood of the market cause an increase after earnings or will we see a selloff?
Also, look for reaction in AMAT.
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