SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: Grandk who wrote (2532)12/18/1999 1:24:00 PM
From: Steve Fancy  Respond to of 3813
 
>> Now I really can't figure the drop out.<<

History does repeat itself some times I guess<g>. I've followed this stock for several years...it's always been like this. It likes to trade in 10 point ranges between events also.

regards,

sf



To: Grandk who wrote (2532)12/18/1999 3:08:00 PM
From: Mike Gordon  Read Replies (1) | Respond to of 3813
 
Based on the pre earnings release, NVLS will earn $4 next year. At Friday's price the new future PE is 21.25. Currently, AMAT is selling at 110 with a PE of 59 (about the same as NVLS). Is it reasonable to project NVLS to $255 :) VBG. With that, factor in the 3:1 split.