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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: David Lawrence who wrote (1733)12/31/1998 11:23:00 AM
From: Dave Chanoux  Read Replies (1) of 3813
 
Hello David, Steve and others,

I have to chip (ha, ha) in my two cents. I'm on the side of those who have been saying that the fundamentals don't support the price, based on nothing but historic PE ratio's and my own projections of what they can earn in '99. NVLS reached one of my long term goals last week. Sold half my position. How's that for sticking my neck out.

I don't use options or short positions, just buy and hold for the long term. It takes all kinds.

Happy New Year.

Regards,

Dave Chanoux
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