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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Tech Investor who wrote (2848)1/24/1998 9:26:00 AM
From: OldAIMGuy  Read Replies (2) of 6565
 
Hi TI, As far as I can see, unless we grind up silicon chips to make beach sand, the end of the Tech Era is not at hand. I'm guessing that '98 is going to be a great year for VLSI's long term and short term players.

There's still some cash reserve left in my VLSI account
(see execpc.com ) so that if the price drops a bit more, I can buy a few more shares. With that spike to $25 a few weeks ago, I nearly got my first Sell done in a very long time. Presently I have a "good until cancelled" order in at $26 to sell about 5% of the position.

I can't believe this stock is trading under $20! It has a price/book value of about 1/3 of what INTC has and is growing at a better clip! Talk about undervalued! Does this mean that INTC has a potential drop of 66% from present levels? Or does it mean that VLSI can triple without being over priced??? ;-)

Best regards, Tom
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