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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: BOB WALKER who wrote (5049)1/20/1999 8:04:00 PM
From: munsters  Read Replies (1) of 6565
 
I don't know much Bob, but my thinking is lets say they do 600,000,000 in revenue over the next 12 months and they continue to cut expenses. I think the profit margins should go up. Can't they do .80 earnings with 600,000,000 in sales ? They did 1.45 with 754,000,000. I don't know. Going out another 6-9 months we may see Asia turn and ERICY pick up a bit. Who knows the year year 2000 may be another 750,000,000 revenue year. Markets are foward looking. Stein seems to think things are be ok for the next 2 years. I'm gonna focus on the bottom line with these guys. Revenues will increase when the sector as a whole gains momentum. What do you think ?
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