Novellus Message Board - Msg: 8498665

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: Ian@SI who wrote (2087)	3/24/1999 1:53:00 PM
From: Steve Fancy	Read Replies (2) of 3813

Ian, appreciate the observation. I believe the situation is quite different now then in the past. I think MU's earnings tonight may kick the entire equip sector. I think NVLS earnings and forward looking forcasts, although I expect the latter to be cautious, will support the stock at levels higher than current. I think the entire PC argument is overblown and expect sales (not necessarily revenues) to kick into high gear as the year progresses. At $300 for a full multi-media PC I expect massive holiday sales later in the year and expect heavy corporate buying as the year picks up and well into 2000. The boxmakers have a problem and will have to diversify to maintain revenue levels, but I believe the demand for technology will bolster the equip sector for some time to come. Do you know approximately what percentage of semi-equip revenues are generated from PC related parts manufacturers? Actually, do you or anyone know where I can find a breakdown of revenues by industry group? Appreciate any comments you may have. sf

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next