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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: BWAC who wrote (4382)9/18/1998 9:11:00 AM
From: E.J. Neitz Jr  Read Replies (3) of 6565
 
BWAC, As a Former Financial Analyst I Spend a lot of time on Financials

I also have followed VLSI since 1990--and until the $ 7 1/2 level was not very enthusiastic on the stock. That has kept me out of the stock for many years--but at todays level--I expect to see a 300% gain within three years--and at an average 100% a year gain with very little downside on this stock, I find that compelling. Will the stock head lower? No one knows, but I am not concerned because I am very confident of seeing $ 21/share sometime during the next 36 months--and history is on my side. My only concern is a takeover. I dont want to see a $10 buyout--better for the company to comeback on its own--far more value to shareholders. Bottom line--this stock is dirt cheap.
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