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

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To: DanZ who wrote (4079)8/6/1998 6:30:00 PM
From: Clarksterh  Read Replies (2) of 6565
 
<Not to beat a dead horse, but VLSI has performed very poorly over it's lifetime. The stock has been in a multiyear trading range between 10 and 40. Anybody who is looking for this company to provide sustained long term capital gains should probably look elsewhere.>

Its doomed. Its doomed. Because it has never managed to grow its revenues in the past, it never will. ???!!! While there is actually some truth to the fact that past performance does indicate future performance, it is hardly a hard and fast rule.

< This is not Microsoft and there's no reason to think that it ever will be.>

Do you know what the word hyperbolic means? The point is that there are different time horizons, and over mine the present value is higher than 28. Given that there are different time horizons, it is pointless and ignorant to imply that anybody not happy about a buyout is stupid.

Clark
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