SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novellus -- Ignore unavailable to you. Want to Upgrade?


To: Todd D. Wiener who wrote (1588)7/31/1998 4:17:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 3813
 
Novellus closes down again after making recent highs... this marks the fourth reversal in three weeks... might be living on borrowed time... note that 200-day moving average is just under 40 now... it has been visited, now time to go return to the reality doghouse

REVERSAL ... this stock is rallying in the midst of one reduction in earnings estimates after another, magnified by a recovery almost a full year away

ever tried sticking your head out the sunroof when driving through an August tunnel ? you get short

musings from a wounded bear / Jim Willie