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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST

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To: Duker who wrote (1995)3/5/1999 3:58:00 PM
From: FJB  Read Replies (2) of 3813
 
On NVLS, it is a mystery to me why they sought to raise cash ... unless they just want to finance some receivables ... do an acquisition ...

I think they'll use the cash for cap. ex. and a takeover of SMTL. The takeover would be a quick and easy way to resolve the patent dispute, especially if SMTL's claims are strong. Did you notice SMTL is trading up 20% today?
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Bob
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