Exar: any opinions Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Exar: any opinions

EXAR 12.99

0.0%

Jul 14 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: guido leone who wrote (106)	8/13/1997 12:45:00 PM
From: Robert Salasidis	of 118

Lack of volatility is not a problem as long as the trend is up as it has been for the past 4 or so months. The move a couple of months ago was I belive because of improvement in the company's outlook which was reflected by the last earnings which beat estimates albeit by only .01 I think there has been increased interest in this stock, and it has held up relatively well during large down days. About a year ago it used to trade in the mid teens with a 3/4$ spread, the spread is now usually 1/8. Short term IU see resistance at 24, but if it breaks out (admittedly this could take up to a year until the growth in earning catches up to the stock price) it should be able to see high 20's.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next