Novellus Message Board - Msg: 8067855

STOCKTALK

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 2.400

+2.1%

Jul 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Fancy who wrote (1965)	2/27/1999 1:56:00 PM
From: yard_man	Read Replies (1) of 3813

I don't think technology will stagnate -- that is my point!!! What were the glory companies of the 60 and 70's are for the large part on the ash heap. I don't think one ought to go all to cash, but a reduced exposure to stocks makes sense. If you have little exposure and want to sell a few puts on something that you think is undervalued -- what the hay -- do it. All I was saying is make sure that it is undervalued based on historical standards which take in a large enough time frame. Kahuna very unlikely, but a slow grinding bear is not. At any rate, the last few years have been quite a melt-up for the darlings -- I guess it could unwind slowly, but I'm trying hard to understand how ... Retirement funds will always invest in stocks, I suppose, especially as the returns are heady, but will corps always buy back their stocks if earnings continue to shrink. Steve, I'm not trying to convert you to Kahuna-ism -- just saying keep an open mind. That's what I'm trying to do. The huge run from October to now sure did wonders for me ... Good luck.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next