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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: James Bowser who wrote (2816)1/16/1998 3:56:00 PM
From: GS_Wall Street  Read Replies (3) of 6565
 
I listened to the CC and what I heard makes me think the VLSI management is confidenent that the plan is on track and 1998 will see better numbers than 1997. 1999 could be a payoff year altough the analysts seemed to focus on next quarter. VLSI remains cautious, since Asia is unknown since the end users are Ericsson and the likes. For 1998 VLSI seems to be solid in the $1.80 range. At these multiples that is a buy not a hold. What have these analysts been smoking. Maybe just trying to get the trading revenues up? Who knows?
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