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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 (2106)4/3/1999 11:41:00 PM
From: Mike Gordon  Read Replies (1) of 3813
 
Thanks for your informative response. I currently hold a position and have protected myself with April 55 CCs. Due to the continued rich premium for April 99 60's @2 7/8, I'm tempted to add to my position. I'll probably wait until I can make a purchase under 55.

I suspect that an announcement of merger will depress this issue to 48-50. Without having access to the financials in the event of a merger, I still consider this issue an excellent short or long-term investment. JMHO
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