Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Taby who wrote (1699)	12/17/1998 7:31:00 AM
From: Skeeter Bug	Respond to of 3813

>>I personally believe if one waits till the outlook for the industry is completely clear<< ok, we agree that the outlook is foggy. is that worth a 52 week high when everyone before thought they knew what was going to happen? the reasonable answer is no and uncertainty s/b discounted not valued. of course one ought to buy before the recovery... just not at ANY HIGH PRICE. buy LOW. sell HIGH. pssst - many people are doing the latter.

To: Taby who wrote (1699)	12/17/1998 8:15:00 AM
From: robert b furman	Respond to of 3813

Exactomundo ! If you doubt it - own and hold a tech stock for 24 months. It is a rollercoaster in which industry fundamentals are continuously changing. The best timing mode I've found is Buy at ridiculously oversold and sell at ridiculously over bot - and hold on hard in between. Bob Not very scientific but it can make you rich

To: Taby who wrote (1699)	12/17/1998 5:52:00 PM
From: yard_man	Read Replies (1) \| Respond to of 3813

Looking at the chart of NVLS it also drops unexepectedly and if you are not out ... If you bought in the low 20's -- probably a reasonable speculation -- but shouldn't you be thinking about preserving some profits. Heck, why wait for earnings.

To: Taby who wrote (1699)	12/21/1998 3:57:00 PM
From: Jacob Snyder	Respond to of 3813

re: " Semi Equipment is very tricky, it takes off at unexpected times, and if you are not in, you will be left out. " Right. On the other hand, it also has a tendency to take off, reconsider, and come back down. How many times in 1998 have the semi-equips been up 30-50%, only to give it all back? If you didn't buy at the bottom, it's better to stay completely out, since the downside risk is huge, unless you went long at the point of maximum despair. BTW, when are you expecting this "100 after split stock price"? If you're expecting it anytime in the next 24 months, have you calculated what the P/E and P/S will be at that price? Or are you counting on momentum alone to get you there? I bought more out-of-the-money nvls puts today.