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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: Leonard Nitowski who started this subject4/24/2001 5:45:03 PM
From: Gene W  Read Replies (1) of 3813
 
Salomon SmithBarney raised their 6 month target today:

We are raising our 6-month price target from $50 to $69 based on a conservative 5.87x multiple of current book value of $11.76.

Good luck to all.

I general I thought the conference call was good, but I do have concern about end user demand for tech products.
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