>> Visitor"? You make me sound like an extraterrestrial
Sorry, again. You are welcome, any time. Please make yourself at home.
>> maybe you guys are a little paranoid.
Ah, maybe, but I doubt it. I would be genuinely interested to read your take on why tech stocks were so uniformly down all day yesterday, until the Novellus CC. And the reference that I posted re a fake story about an internal Novellus memo projecting reduced rev next year.
>> By the way, NVLS's announcement after close yesterday did not fill me with optimism for the short term:
As I said yesterday, I don't know anything about Novellus other than what is easily gotten from browsing the internet. And as RtS pointed out so kindly, there is not any added value in that.
My point though, is different. And since I never get a response to it from shorters, I'll repeat it for the nth time. With bold and italics.
If you think you are a good judge of valuation and stock price, why couldn't you foresee Novellus price rise from 20 to 36 ? And if you couldn't foresee that increase, why do you think you can foresee a decline from 36?
The best statement of the bear case about prices now was summarized in this post by Alastair a while back.
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Message 18264341
snippet:
"It is my guess that we are setting up for a great shorting opportunity in January. Two more low BtB reports and lowered 2003 capital spending budgets should do the trick."
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Have a great day, and I sincerely apologize if I have been rude to you.
Sarmad |
