So much for the 'don't short at 19' and '18's the bottom' theories.
More buying opportunities..., uh huh.
the sizable volume has me somewhat skeptical about averaging
down here.
Well VLSI's book value has went up a buck.., that s/be worth
some extra support I would think. And though estimates have come
down, the high/low range is narrowing, indicating greater visibillity.
Greenspans comments about 'no solution in sight' for Asia has me
somewhat concerned, though the market/dollar-yen exchange is
acting optimisticly.
Pardon the Asian digression, but what I don't get is that the macro
evidence is saying it's gotten worse recently(IMF), or at least not
better (Greenspan), while a vast majority of reporting companies
seem to indicate that the worst is over (INTC, VLSI, DSPG, others).
Does anyone here try to factor in these things?
Also, can someone post url's about the VLSI buyout rumours that
are NOT from a bulletin board? I personally have a hard time imagining
a company that could synergistically blend with VLSI due to it's broad
range of products. Just my opinion, of course, but then what is a 'buyout
rumour' but some one's opinion?
crankily yours..,
-Kevin |
