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Technology Stocks : Vari-L (VARL)

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To: pat mudge who wrote (1397)	11/22/1999 12:11:00 AM
From: Robert Sheldon	Read Replies (1) of 2702

From "Dow Theory Forecasts" Vari-L ($14; NASDAQ: VARL) is being added to the Focus List as a "buy." Vari-L stands in excellent position to capture the almost-certain growth in the wireless phone industry. The number of wireless phones manufactured each year has been growing sharply, and the three biggest players in the industry—Motorola, Nokia, and Ericsson—all contract with Vari-L to produce voltage-controlled oscillators (VCO), two of which are needed in every cellular phone. The stock has the potential to reach $20 or more over the next 12-18 months. Dow theory Forecasts "Focus List" consists of the following: AT&T BellSouth Citigroup Comdisco ECI Telecom Elan GM Hardcourt General IMS Health Johnson & Johnson Southwest Airlines Sprint FON Seems like we are finding ourselves in quite a bit of nice company . . . :-) The newsletter is on of the most respected and best performing (perennally in the top 5 letters) over the past 30 years.

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