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Technology Stocks : Novellus -- Ignore unavailable to you. Want to Upgrade?

To: Alan Gallaspy who wrote (3116)	1/4/2001 12:54:54 PM
From: Art Baeckel	Read Replies (1) \| Respond to of 3813

Novellus Tests Its 50 Day Moving Average An InvestorLinks Exclusive Report Senior Columnist: Joe Duarte, January 3, 2001 Technology Summary Despite the big hit to the Nasdaq Composite, the extremely oversold Philadelphia Semiconductor Index (SOX) slept through much of the whole thing, with key stocks in the index either hugging the unchanged line, or failing to break to new lows. The technical indicators also continue to show that a bottom is continuing to be put in place. The key is the lack of the MACD oscillator to fall to a new low, even as the index continues to flirt with the possibility of at least testing the old lows. The key is the 550 area. If the index can hold above this support level and rally, it could find its way back into the 600-700 area. But even if the index holds, there is no evidence of panic in the options. Thus, this remains a basing pattern at best in the short term. The Tech Stock Of The Day: Novellus (NVLS, Chart, Boards) Tests Its 50 Day Moving Average Nasdaq is burning, but the chips are holding. And Novellus is now above its 50 day moving average, having resisted the temptation to fall below the support level. The stock has also formed a head and shoulders bottom, which could be a bullish development if it continues. The stock has tentatively continued to claw its way out from a bottom near the 25 area. There is overhead resistance at 40, which remains the first test. But, for value investors, this is a tough one to pass up as it sells at 18 times earnings. We suggest watching the next few days. A break above 40 could take the stock to 55. investorlinks.com

To: Alan Gallaspy who wrote (3116)	1/6/2001 6:58:55 PM
From: dantecristo	Respond to of 3813

What? Another SI message board dedicated to NVLS? Don't miss out on any important news such as Novellus employees involved in the Varian (VAR & VSEA), Susan B. Felch & George Zdasiuk SLAPP lawsuit against message board posters: Subject 43511 The Varian plaintiffs have yet to disclose which Novellus employees were captured using a public bathroom with the Varian/Susan B. Felch secret video camera. But stay tuned!

To: Alan Gallaspy who wrote (3116)	1/11/2001 2:30:31 PM
From: Steve Fancy	Read Replies (2) \| Respond to of 3813

Hey Alan and all...Happy New Year! Sure was glad to see 2000 go. Where did it go? Seems it was just a few months ago I was watching new millennium celebrations across the world. NVLS, yes, sure wish I had picked up some calls when I last wrote. Now, don't know. The slow down that I had not believed in may impact many techs for months to come. Seems the analysts are still teaming up trying to drive these stocks lower, Dan Niles the latest who apparently recommended investors bail on upticks over the shorter term. I think downside is relatively limited so stock plays with time frames of a year or greater with room to average if necessary are a great idea. Options, maybe better to wait. That said, I've already lost out on a 35% plus short term rise on NVLS. Congrats to those that held on, and even greater congrats to those that sold at 50-70 last year<g>. I remember at least one guy that called this situation to a tee in early September last year. The stocks that were beaten down before the tech carnage seem to be coming back, can't help but feel there may be similar lag time in techs recently killed. What do you think? regards, sf