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

To: Sonki who wrote (1454)	4/29/1998 7:43:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 3813

Hey Sonki, running into you all over the place lately. I've followed Novellus for a couple of years myself and agree with your sentiment. I do sell puts on it and have done well. Another company I don't think I've ever lost on. I also would have no problem owning the stock which makes it an almost painless naked put option candidate. For whatever reason the volatility of this stock has been incredible...much more from what I can tell than it's competitors. Remember last year when it fell from the high 70's to 50. It was getting a little boring there in the low 30's but then it's old characteristics seemed to return. See ya around and good luck with those calls...keep a close eye on 'em. sf