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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: lifeisgood who wrote (5629)3/9/1999 10:11:00 PM
From: Duane L. Olson   of 6565
 
Fair enough, and if my reaction was overdone, I regret it. For fairly good reasons, my belief has been (and posted) that VLSI is "worth" something between $25 and $30 per share. It is based on Value Line estimates of future earnings ($2.00 per share in the 3 to 5 year future), discounted on a "present value" basis. It just happens that a figure of $28/share conveniently fits into my value assessment. Having been around the SI for a while, I recognize the superiority of fact and solid analysis over "various other approaches". And I fully support Linda's intent, and yours, in that regard.
Hoping that we are on the same track I'm looking forward to many useful discussions in the future. Good luck!
dlo
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