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Technology Stocks : Vari-L (VARL)

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To: JakeStraw who wrote (1255)	10/21/1999 10:51:00 AM
From: Robert Sheldon	Read Replies (1) of 2702

If VARL keeps putting the numbers up, then there seems to me, to be a lot of upside in the stock. This is just the beginning. I can hardly wait for the Conference Call. VARL is one of those over looked small-caps that has had its valuation compressed to an incredibly inexpensive level. We will probably have an explosive upside move in the next quarter or so. The float is not anywhere close to what the street believes. It is much lower. To get a piece of VARL the institutional folks are going to have to pay up. Fortunate for them the valuation is so low that even a 30%-45% premium would be reasonable.

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