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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)12/18/1998 10:14:00 AM
From: yard_man  Read Replies (1) of 3813
 
I think you have a valid point -- people buying now have to be looking "over the valley" -- the problem is, with earnings may come the news that the Company, or other Companies that are reporting shortly (remember AMAT doesn't mince words much -- they will tell the truth instead of painting a rosy picture if things are not picking up), don't really know how wide or deep the valley is ... I think the valley is considerably wider and that the economy as a whole will slow. This will be a 1-2 punch to the recent rise in the share price, IMO.
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