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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: Henry Eichorszt who wrote (1441)4/21/1998 1:52:00 PM
From: Steve Fancy  Read Replies (2) of 3813
 
My feeling FWIW, is that selling calls on this stock may be a dangerous business. Course, if they're covered and sold at a strike price that produces a profit if called, I suppose you can't lose. I have followed NVLS for some time, and although I'm not all that knowledgable on the technical aspects of their business, I believe they're going to be one of a couple big winners. I think the street suspects this also. Sounds like we're about to enter into an entire new PC generation...the winner semi-equipment manufacturers ought to benefit first.

I'll be selling puts on any pullback to the lows 40's.

Good luck everyone.

sf
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