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

To: Teri Skogerboe who wrote (1580)	7/29/1998 4:31:00 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 3813

Teri, thanks for encouraging words Today was the third time Novellus could not handle the altitude at 40... two weeks ago it hit 40 and reversed on day... last week it hit 40 and reversed on week... today it hit 40 and reversed on day again old commodity futures rule: IF DOOR NOT OPENED AFTER THREE KNOCKS, LEAVE TOWN the naive and gullible buyers may be in for rude awakening and losses... I figure about 8 million shares have been bought above 38, maybe more... that might serve to become a ton of bricks overhead very soon... August is usually full of air pockets, tech selling, etc balls still in a vise on Aug35 puts... but big balls / Jim Willie