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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: DanZ who wrote (3275)4/8/1998 9:42:00 AM
From: John Ritter  Read Replies (1) of 6565
 
I want you as my technical analyst from now on!! Your prediction was amazing! VLSI closed at 18 and all threads are dead (everyone either sold or are shellshocked). Now the next big question is earnings? Rumor on Yahoo is cost containment at VLSI and at least one more quarter of weakness. If this is true, we should be near bottom here if earning are .18 to 22 this quarter. Anyone looking for better or worse? My assumption is that VLSI is a strong play in a down market, and a good play for growth in semis sector by end of '98. But I could be wrong and be better off playing the penny stock market for 50% gain or loss overnite.
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