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

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To: Esvida who wrote (2757)1/14/1998 5:51:00 PM
From: Tech Investor  Read Replies (1) of 6565
 
VLSI up in the morning thanks to general market conditions, as we can see, it closed at the lower range of the day. Looking like Asian market will be trying for a little profit taking very soon (tonight or thursday, take a pick). I bailed out of my Asia stocks, namely CREAF, and started taking short positions. Looking for sell off on Friday, market should come back on Wednesday, just in time for MSFT earnings.

I will take a position in VLSI if they drop close to my target of 21 1/4, but will not risk too much by buying @22.

Regards
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