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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Maui Jim who wrote (2798)1/16/1998 8:25:00 AM
From: Ed Nielson  Read Replies (1) of 6565
 
This lack of respect is something I've always wondered about. It's always interesting to watch other tech stocks jump by 2, 3, 4 points while VLSI drops. Or watching VLSI drop 10 points in two days when management hints that Q1 will be a little soft compared to Q4 -- also normal considering that most of the handsets are sold at Christmas as with other consumer products -- this gives a little bit of a cyclical flavor to the results, but for the year growth is very positive.

I'm looking forward to a good year and expect that we will see a good steady climb until Q1 results, perhaps a little hiccup as the results are announced because it will be less than Q4, then climb again through the summertime as the growth become more palpable. I think the new management team is doing a good job putting into place what's needed to earn some consistent respect, but it takes time.

My 2 cents worth - and probably worth less than that ;)

Happy trading,
Ed
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