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Technology Stocks : Vari-L (VARL)

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To: Bosco who wrote (1382)11/17/1999 4:43:00 PM
From: Robert Sheldon  Read Replies (3) of 2702
 
Churn, Churn, Churn . . .

It sure is nice to see VARL close up on a generally negative day in the markets. Even more impressive that there are a whole lot of folks wandering around the hinterlands thinking that VARL will trade between $9 and $14 forever and are thus selling with reckless (if only they knew!) abandon at these levels. They have another thing coming.

Have not these souls heard about earnings expansion in the face of valuation compression? The result will be a price explosion to the upside as we finally see a revaluation in these lovely VARL shares. This move is for real folks . . . glad to be a patient part of it.
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