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Technology Stocks : Vari-L (VARL)
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To: RobertSheldon who wrote (2174)5/12/2000 6:23:00 PM
From: FIFO_kid2  Read Replies (1) of 2702
 
VARL has a great technology and that is the only reason why I have held the shares and still hold them. As a long term investor I do believe the dilution mentioned on the Yahoo board has been one of the three major problems with this stock. I also have noticed the executive salary paid to its officers when compared to its peer group is also way out of line and this is in absence of their option plan. Since late 1995 VARL has quadrupled sales and profits yet it is at the same price because it has virtually completed a 3 for 1 split for the benefit of VARL's management and its banking cronies. The third complaint I have with the company is why they never followed through with their attempts to contract manufacture their product line in a lower cost environment. It would have saved them a pile of money in capital costs. -Getting impatient with one of my worst long term small cap tech holdings.
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