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

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To: Robert Griffin Gregory who wrote (4157)8/25/1998 6:16:00 PM
From: E.J. Neitz Jr  Read Replies (1) of 6565
 
Griff-- No On Realy Knows When VLSI Will Come Back--More Bad News From Applied Materials after the close today probably will set all semi's lower tomorrow--now they are disclosing rotten Q4, etc. Unfortunatly momentum works on the downside as well as the upside. Remember this well back in 1990 with the semi's--pain wouldnt stop--just kept falling even below book value--so who knows--but there is value in VLSI-just a matter of time--problem is psychology gets best of most people--many just throw in the towel --so do what lets you sleep at night!
Best wishes.
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