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Technology Stocks : Vari-L (VARL)

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To: LBstocks who wrote (1690)12/23/1999 11:13:00 AM
From: pat mudge  Read Replies (2) of 2702
 
I think it is important to discuss the reason for this big move, since some people are looking for entry and exit points. If the large price move is attributable to a rumor, then people can give it the weight it is due.


Anyone who doesn't know the company would believe it's the rumour that's moving the stock. Those who know it -- and followed the last CC -- are far more likely to believe the company's delivering a strong quarter as promised. There were a couple new analysts on that call who haven't initiated coverage yet --- at least not that I've seen --- so there's a chance they're still buying. This is speculation and maybe Robt. can comment.

Pat
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