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

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To: Linda Kaplan who wrote (2961)2/19/1998 9:11:00 AM
From: Terror  Read Replies (2) of 6565
 
Linda,
I have DIGI in our stock club. I have followed this sucker for a long time. It takes guts to stay with it, I know got in at high and haven't been close since. I have found DIGI to be a range trading stock. This holds true for VLSI also. They don't break out. They go up and then down and then up and then down. Feel like a yo yo at times. Never seems to experience the burst to the upside to break out and free itself to new unchartered upward direction. My advice is to keep adding position at lows and hold on. I am finally at a break even price with VLSI. From averaging down I found it to be better than to loose money. Now it takes guts to add, so I'll wait till we see 19 again. With this stock it's just a matter of time. Learning though years of dissapointment.....and now realizing what the game is.

Good luck,
Keep the faith,
Marcie
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