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


To: Alan Gallaspy who wrote (3146)1/16/2001 4:51:32 PM
From: FastC6  Read Replies (1) | Respond to of 3813
 
Huge quarter.

. .



To: Alan Gallaspy who wrote (3146)1/16/2001 5:10:06 PM
From: robert b furman  Read Replies (2) | Respond to of 3813
 
Hi Alan,

I was expecting a slight correction to the mid point of the trade envelope it is pretty common.If we are to have a rise in price support MUST come at the mid point (34-36).

It is a common sign of a stock that is changing from negative to positive pschology to get support at the mid-oint rather than fall back down to the lower range of the teading envelope. With the positive divergences that have developed with Nvls - I'm really hoping for support here.

Earnings and the forward outlook will be the most likely catalyst.

Bob