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To: TREND1 who wrote (32297)	4/21/1998 9:58:00 AM
From: ComSolut	Respond to of 53903

FYI Novellus Systems (NVLS) 46 +5/16: Adams Harkness lowers FY98 and FY99 EPS estimates on semiconductor equipment maker due to weak Q1 orders and expectations that Q2 revenues will fall by 10%, year-over-year; doesn't feel that 1998 industry recovery is in the offing and continues to rate issue a "market perform;" lowers 1998 EPS from $2.44 to $2.12 and 1999 from $2.90 to $2.70 a share..... Interesting? 1998 industry recovery may be too early. Kurlach may not be the only one now! ComSolut

To: TREND1 who wrote (32297)	4/21/1998 1:21:00 PM
From: Patrick Koehler	Read Replies (1) \| Respond to of 53903

Larry & David - I've been out of town and out of touch. Getting back to MU, I see the following: 1. MU remains in down channel, and projected out to May expiration, the range is about 23-28. 2. I see support at 28, then 25. At some point, stocks change trend direction, but I hope it doesn't happen in the next 4 weeks. Bought another 20 MUQZ this morning at 3 3/8 and 3 1/2. Now up to 70 total. I will probably hold these, while I trade both directions. What is your computers and TA saying for the next 4 weeks? Patrick