Vari-L (VARL) Message Board

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Technology Stocks : Vari-L (VARL)

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To: JoCo who wrote (799)	9/14/1998 2:44:00 AM
From: FIFO_kid2	Read Replies (1) of 2702

Badger- I suspected that VARL was manipulated by a market maker during its runup earlier this year and was definitely right. Gaines Berland was the culprit and fortunately gave me a chance to get out at an attractive price. Unfortunately, I swapped out of it and didn't put the profit in cash. At current levels I think VARL is slightly overvalued and will sell off again since they will definitely not make the .15 estimate for this quarter but this low will make a good buying opportunity but I think earnings growth won't be spectacular for a while. I think barring any major recession I think VARL has made its low. All I know who still cover it is Red chip review and I know it is still followed by the Individual Investor group's special situation report. I think they are others also but don't know their names. My opinion you will make a better percentage gain from buying an ATML, ASYT or an oil driller on an improved industry outlook those companies have better visibilty and liquidity.

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