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


To: Steve Fancy who wrote (1409)3/23/1998 10:15:00 PM
From: Todd D. Wiener  Read Replies (1) | Respond to of 3813
 
It is certainly possible that NVLS may have some problems. However, NVLS hasn't preannounced yet, and their quarter ends in a week. Still, it may be a good idea to sell calls and buy puts on equipment stocks. In the next week or two, we might hear Japan's new capital spending plans for the upcoming FY. Unless the news is good (unlikely), the stocks could get a reality check.

Good luck to all.

Todd