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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: Steve Fancy who wrote (1500)6/12/1998 4:58:00 PM
From: Todd D. Wiener  Read Replies (1) of 3813
 
Steve-

I'm definitely interested in buying back into NVLS, but the fundamental outlook is too negative, IMO, to buy at this point. I think that even if NVLS doesn't go below $28, it may still be at the current price for a few months. In fact, I think that the final capitulation could happen in the latter months of 1998, at $24.

I'm a watcher right now, not a buyer.

Todd
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