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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Joseph E. Caiazzo who wrote (3184)3/17/1998 9:13:00 PM
From: orkrious  Read Replies (1) of 6565
 
Joseph, how long have you supposedly known about TXN being a second source. You were a raging bull as short a time ago as four weeks:

exchange2000.com

There is always the possibility of VLSI losing some of their ERICY business. However, as recently as two weeks ago, the Robertson Stephens analyst who upgraded VLSI said he had talked with VLSI mgmt and was convinced this is only an inventory correction. I doubt there is any lower to go. For the past few days, my Level II screen has shown most of bigger market makers buying. Prior to today, MLCO was a voracious buyer (they were the one making positive comments today) and GSCO was at least on the bid as much as the ask, which was a big improvement from the descent from 20 when they were huge sellers.

Jay
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