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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: EACarl who wrote (1703)12/17/1998 11:58:00 PM
From: Skeeter Bug  Read Replies (1) of 3813
 
>>Everyone should already be expecting this quarters earnings to be terrible. It's 1999
and 2000's earnings that is/was driving the stock. <<

not true. it is rank speculation about 1999 and 2000 earnings, coupled with excessive amounts of greenspan cash, that is driving this stock. if liquidity stops then - poof. if the rank speculation stops - poof. all the way down to the teens.

when the slow boats figure out that pcs aren't selling very well to end customers then that should end the absurd gambling here and elsewhere, imho. h1 99 will be very interesting.
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