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To: The Ox who wrote (6656)	1/16/1999 9:51:00 PM
From: SJS	Respond to of 14427

Mike, Yes I know, but it's nice you pointed that out again for potential investors. I was mentioning that in a tongue-in-cheek way so as to not arouse the suspicion of those here that disdain the fast money crowd investing in the internuts. EMC moves nicely like an internut (209% last year), but doesn't have much the other investing baggage and risk. Regards,

To: The Ox who wrote (6656)	1/19/1999 10:26:00 AM
From: SJS	Read Replies (1) \| Respond to of 14427

Mike, I know you follow semi's, like me. Here's something on NVLS that's interesting: _________________ On the technology side, semiconductor equipment maker Novellus (NVLS) provides a classic case of current market thinking. NVLS reported fourth quarter profits of $0.23 per share. That was right in line with the published expectations and therefore seemingly no problem for the stock, which has risen sharply lately. Few will mention, or perhaps even notice, that revenue was down 35% on a year-over-year basis, and flat sequentially. Not exactly impressive. Profits were down a whopping 63%. Yet, the fact that profits came in right on the estimates suggests that traders will still keep an optimistic view on both prospects for NVLS and the industry. The stock, at 74, has more than doubled from the year-ago price of 33 7/8, despite the fact that 35% of revenue has disappeared and profits are down 63%. NVLS is indicated to open flat.