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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: otter who wrote (4781)11/2/1998 2:06:00 PM
From: Daniel Gilbert  Read Replies (1) of 6565
 
Otter:

Companies that have fabs, good products,etc, and can survive the storm, will rebound niceley when the semis cycle goes into the positive again. I think VLSI is one of these candidates.

Companies like CRUS, for example, have been selling all of their production capacity, cutting costs too deep, and essentially will be limited when the semis market rebounds.

Anyway, I'm looking very closely at VLSI...possible entry at 9. Long term 12-18 mos, which is a long time in the technology market, I think we could see 30-40 in this stock.

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