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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: Proud_Infidel who wrote (3539)1/27/2005 4:56:19 PM
From: robert b furman  Read Replies (1) of 3813
 
If they scrapped all those on of charges it would be 38 cents per quarter times 4 = 1.52 times a pe of 20 = 30.00.

Closed today @ 26.68 with resistance @ 29.93.

A reasonable PE @ 20.

But the forward guidance - it must be positive to suggest that greater growth can be achieved.

Bob

Time will tell.
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