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Technology Stocks : Vari-L (VARL)

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To: Bosco who wrote (1393)11/19/1999 6:16:00 PM
From: JBruin  Read Replies (1) of 2702
 
RE: today's price behavior

I am actually very happy with VARL's price action today. In fact I don't think I've ever been this happy with VARL when it was down. We had a huge volume breakout which has been followed by a low volume (compared to the breakout vol.) shakeout of the weak hands. I even picked up some extra shares at 13 5/8 (I'm not bragging because I know I'll sell some too soon eventually).

The only thing I'm nervous about is the overall market & how VARL will behave if it hasn't broken out of this range. Oh well no risk, no reward.
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