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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: John Ritter who wrote (3279)4/11/1998 8:27:00 AM
From: OldAIMGuy  Read Replies (1) of 6565
 
Hi John,
Seems very quiet around here these days. Must be the big grey clouds hanging over VLSI recently. Just a casual observation of the SI boards over the last year or so, but it seems that a quiet period on a stock thread here is usually followed by a rally in the stock's price. Can't say I've quantified this, but I've seen it on several cycles.

Back in my Money Talk BB days on Prodigy, this was also true. Activity dries up after speculators and shorts have moved on. This sort of defines the price "bottom."

My pure "guess" is that when earnings come out, we'll start to see VLSI's share price recover. Saying that, I must add that 20/20 hindsight is still much better than a 50/50 guess about the future!

Best regards, Tom
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