SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novellus (NVLS) It's Day Is Here

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Teri Skogerboe who wrote (36)1/8/1997 12:04:00 AM
From: I. Luttichuys   of 59
 
Hello Teri, I've been travelling lately and could not get back to you sooner. I did get some nausea there and added to my position at around 56 to 57. Bought most of my position around 34.
What's happening? Weaker hands, excited because they made $10 in one day, were jumping ship. I know, I am not a broker but have been very successful in the market and have been running friends portfolios for some time. I put several of them in KLAC at 18, SFAM at 11 and NVLS at 36. Those who held on almost tripled their money in under 6 months. One guy argues with me and sometimes I just tell him to "do whatever he wants" so he takes profit too soon. He sold his SFAM at 19 (now about 30) and sold his NVLS the day after the 10 move. I did everything I could to stop him besides using a rock or something. I'll tell you what... he's sorry about both moves now. I imagine this is what a great many investor were doing in the days following that rather massive movement.
Lately I have been frying some REAL profitable stocks and kinda ingnored NVLS for a spell. Right now I am pondering what to do about earnings if anything. I mentioned some time ago on the thread that NVLS had warned a couple of months ago about a little earnings problem on the horizon. I may not react to this because its out there and stock is still a good performer. Also, no matter how you cut it, this stock is undervalued in a market where that is increasingly coveted.
I will surely go long I suppose and fry my other fish if NVLS hits a little bump. Sooner or later we are at 100. Standards are getting tighter and tighter and NVLS leads here.
BENNETT
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext