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Technology Stocks : Vari-L (VARL)

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To: Labrador who wrote (2173)5/12/2000 5:33:00 PM
From: RobertSheldon  Read Replies (1) of 2702
 
From Tim Vick's column today . . .

Value Stock Pick of the Week

Vari-L (VARL -- $15) -- This Denver-based maker of signal processing components for wireless handsets is in the midst of its best sales surge of this economic expansion. Vari-L peaked briefly in January at $39 and has tumbled about 60% since in sympathy with other Nasdaq technology issues. Analysts were a little miffed that the company's recent per-share earnings did not keep pace with sales growth--the result of options being exercised. But the effects of top-line growth will quickly offset the near-term dilution.
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