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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: Steve Fancy who wrote (2236)5/19/1999 9:16:00 PM
From: Carl R.  Read Replies (1) of 3813
 
The problem is that it used to be -6 points, i.e. NVLS higher than AMAT. Considering that NVLS is projected to have higher EPS than AMAT, it seems reasonable to me to believe that the day will come again that NVLS is above AMAT. NVLS was punished by the market for doing a secondary, and they have yet to recover, but they will eventually. I'm still holding this one.

Carl
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