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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: HoodBuilder who wrote (3312)3/3/2002 8:56:32 PM
From: Cary Salsberg  Read Replies (1) of 3813
 
The "Greater Fool Theory" doesn't apply to trying to evaluate a cyclical capital equipment company at the bottom of a technology bubble induced downturn. There are certainly differences of opinion, and none of us will complain if "Great Fools" take the stock off our hands at excessive prices as was done in 2000, but pricing arguments are very difficult in this environment.
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