VLSI Technology - Waiting for good news from NASDAQ !!! Message Board

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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!

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To: Trey McAtee who wrote (3923)	7/27/1998 10:48:00 PM
From: Christian Atallah	Read Replies (1) of 6565

Since there is no respond link next to the main message I am responding to the latest message. I will be watching VLSI tomorrow as I have had it on my watch list for the last few weeks. Honestly, It may seem cheap to you guys buy you should know by now that things can get cheaper......especially when a stock closes near its low with 45 point positive swing in the nasdaq.Also, you guys IMO are in too much of a hurry to own this stock. I and I suspect you guys are looking for a major bottom in semis which when occurs will provide a major move to the up side. When this occurs it will be clear. Buyers will come in. I'm sure you must agree that as of now it has not occured yet. Also, if you take a look at VLSI daily chart for two or three years you will notice it doesn't just start shooting up from its bottoms. It usually and dare I say almost always trades sideways FIRST. Sincerly, Christian Atallah

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