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

To: Henry Eichorszt who wrote (1441)	4/21/1998 1:52:00 PM
From: Steve Fancy	Read Replies (2) \| Respond to of 3813

My feeling FWIW, is that selling calls on this stock may be a dangerous business. Course, if they're covered and sold at a strike price that produces a profit if called, I suppose you can't lose. I have followed NVLS for some time, and although I'm not all that knowledgable on the technical aspects of their business, I believe they're going to be one of a couple big winners. I think the street suspects this also. Sounds like we're about to enter into an entire new PC generation...the winner semi-equipment manufacturers ought to benefit first. I'll be selling puts on any pullback to the lows 40's. Good luck everyone. sf