VLSI Technology - Waiting for good news from NASDAQ !!! 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 : VLSI Technology - Waiting for good news from NASDAQ !!!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maui Jim who wrote (2714)	1/12/1998 4:22:00 PM
From: Joseph E. Caiazzo	Read Replies (2) of 6565

Didn't get filled Friday, but got filled this AM. I don't think we are going to $30 anytime soon...the options market tells me we settle on Friday at 22.5 or thereabouts, unless we have a real big surprise up or down on earnings and I'm not expecting any. (I guess that is the nature of surprises, you don't expect them.) If earnings are good, and the conference call goes as expected, then we will see a short term pop next week sometime. This Asia thing has everyone spooked, not because of the direct business lost to US cos., but because it has the potential to to drag down earnings even in cos not directly selling there. If the drag is great enough, cos will start cutting expenses again, and it will trigger a recession. JEC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next