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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Kevin Hay who wrote (3088)3/3/1998 7:31:00 AM
From: Joe C.  Read Replies (2) of 6565
 
Stock buy back helped to hold up price last time. After 5-6 point decline I expect that it will take real conviction to start (add) new shorts. I'm looking for overall tech. correction soon and have only bought a little back (just in case). I think 18 is as low as it will get on its' own. On the flip side, tech. correction may trigger short interest everywhere else (internet stocks, hardware, etc.) and VLSI may get ignored. Sometimes its' better to be first.
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