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

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To: Esvida who wrote (2822)1/16/1998 7:16:00 PM
From: JohnM  Read Replies (1) of 6565
 
at this point, seems like the only course of action is to hunker down for 6 months. i'd think buying more would make sense, but my optimism has disintegrated. i thought the conference call was good, and the 4Q97 results were favorable. market reaction: down 10+%. i agree that $38 last summer was irrational, but not any more so than $19 now.
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