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To: LemonHead who wrote (33359)	7/16/2001 9:57:05 PM
From: Return to Sender	Read Replies (1) \| Respond to of 69827

Keith what is the pattern you have been seeing in NVLS? Have you seen this information on NVLS from Briefingcom? Message 16083638 RtS

To: LemonHead who wrote (33359)	7/16/2001 11:22:35 PM
From: Return to Sender	Respond to of 69827

Resistance and support for NVLS? This is just my opinion and the SOX will factor in. I see the SOX getting a short term bounce after selling off tomorrow morning. Keep in mind that Intel reports after the bell tomorrow and if they give the same kind of guidance we heard from AMAT, NVLS and AMD we will be revisiting the April lows: finance.yahoo.com As for the chart on NVLS it broke through support at 45 in after hours tonight. It could bounce back after the first 20 minutes tomorrow but if it does not then maybe 40 will serve as support. Tomorrow night if INTC reports good numbers with positive guidance then NVLS will never see 40 which could offer limited support. If INTC is cautious or give negative guidance then 35 is the best entry point. I hope you can get a read from Harry or someone else on the thread too Keith. Resistance at 57 but that is asking for a lot of good news. All the support levels can become resistance if we get enough bad news. Good luck! RtS

To: LemonHead who wrote (33359)	7/17/2001 9:38:45 AM
From: j g cordes	Read Replies (1) \| Respond to of 69827

In my opinion its premature for a long position in any semi stock. The reason is the slowdown in sales of equipment, services, software, and hardware first seen in the US is spreading to Europe and Asia. Many analysts presumed strength in these markets, but its not going to happen in my opinion, not this quarter.. strength will first have to show in our makets THEN spread out to re-strengthen world markets. Its a deep cycle.. and we're still heading down. Yes, there will be tradeable moments, one to three week runs.. when optimistic money drives up stock prices, but none of these rallies will be significant until the US consumer gets bored with the old toys and buys new ones... Just before that's evident will be the time to buy. Then, with greatly reduced earnings expectations and better year over year comparisons and strong survivors.. stocks will have plenty of power, then get a double kick as the rest of the world comes on line again. Jim