VLSI Technology - Waiting for good news from NASDAQ !!! Message Board

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

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To: Linda Kaplan who wrote (4607)	10/9/1998 5:24:00 PM
From: DanZ	Read Replies (1) of 6565

I heard on CNBC yesterday that the Apple iMAC is selling well and is in short supply. Doesn't VLSI supply chips for this computer? If so, this segment of the business must be doing well. Does anybody know how much revenue this might be generating? I bought some October 7.5 calls today at 3/16 for a pure gamble. The options expire after the earnings are released and I think it's worth the 500 bucks that I spent. With good earnings, the option could easily go up 4 or 5 times. With today's close, the stock is once again above the lower daily bollinger band and looks good to me again. Support is around 6 3/4 with resistance at 7 5/8 and 8 3/4. Have a nice weekend everyone. Dan

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