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Technology Stocks : Novellus (NVLS) It's Day Is Here
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To: Michael Robinson who wrote (31)12/19/1996 2:33:00 PM
From: Cary Salsberg   of 59
 
Michael,

NVLS should outperform the market, now, both upside and downside, because 97 will see semi-equips emerging from the downturn and they will be accorded prices based on expected rapid earnings increases.

A 15-30% drop would bring NVLS to the 42-51 range, which will give long term investors an opportunity to buy more.

If you believe the forecast, hold NVLS and sell overvalued market favorites and any cats and dogs!

Cary
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