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


To: Todd D. Wiener who wrote (1402)3/17/1998 2:02:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 3813
 
I'm thinking of getting back in NVLS again via naked puts. I've got April 14 as a tentative earnings date. Anyone have a feel for the latest date they might warn?

Thanks,

sf



To: Todd D. Wiener who wrote (1402)3/18/1998 4:17:00 PM
From: Dave Chanoux  Respond to of 3813
 
Any clue as the to use of $300 Million?

The statement of "general purposes" doesn't shed much light on intent.

Novellus has generated cash from operatons in every quarter except Q297 (the AMAT settlement and Varian acquisition) since I have owned shares.

Something must be in the works to use cash.

Anyone have any insights?

Regards,

Dave Chanoux