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

To: Jim Willie CB who wrote (1596)	8/10/1998 5:03:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 3813

addressed to myself, since taunting in nature NVLS down 2-3/4 today on average volume is the rally over? not bad about 30% rise based on deteriorating business, lowered earnings estimates, tremendous technology, vanishing customer base (except IBM in late 1999), and cause but no actual downgrades... not to mention plenty of recommended BUYS could this have been a sucker rally of prolonged length in time? just enough for brokerage houses to fully unload their several million shares to the gullible public? if more than 3/8 of the gain from 36 to 44 is handed back, then look out for a real reversal and a re-test of lows... ooops, happened today maybe I am dreaming, but surely I am legless / Jim Willie