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

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To: Maui Jim who wrote (3005)2/25/1998 4:59:00 PM
From: Kevin Hay  Read Replies (5) of 6565
 
call me nutty....

..., but I sold and went short at 23.7 today. Planning
on covering and switching back to long @ ~22

Forecast: fear in march. It seems to me most of the recent market
run up has been based on momentum/supply and demand of
stock. As earnings warnings start to come out I think there'll be
at least some downward pressure. Semis, being the lemmings
they are, will move down.

I think we still don't know what happened on the big volume
down day. Today, up on slightly light volume, slightly bearish.

That's my story and I'm sticking to it...., for now.

Hoping I don't regret this...
-Kevin
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