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

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To: Maui Jim who wrote (4029)8/4/1998 4:40:00 PM
From: OldAIMGuy  Read Replies (1) of 6565
 
Hi Jim, Well, I didn't buy ALL the shares sold today, but I again nibbled around the edges. Significant buys now rate only a small percentage addition to my account. Today's buys added about 15% to my holding at $12-15/16.

Our columnist wasn't saying very nice things about this stock. The last thing a company needs is its time diluted by litigation by disgruntled shareholders or any one else, for that matter. One of the reasons that I chose VLSI over AMD many years ago was the fact that AMD seemed to have a proclivity for getting it litigious tit in the ringer (mostly with INTC). Maybe the columnist has an out of work brother-in-law that's a lawyer.

In any case, it is a strange way to make an announcement. It sure didn't take long for the rumor to be showing up here on SI. Thanks to everyone that keeps a close eye on this puppy.

Best regards, Tom
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