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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: BWAC who wrote (5194)2/19/1999 4:46:00 PM
From: GS_Wall Street  Read Replies (1) of 6565
 
Volume on VLSI has been pretty light lately, looking to put in a bottom. Past patterns indicate that as the volume decreases interest falls the stock puts in a low. What VLSI needs now is a catalyst, i.e. large buyer or earnings improvement forcing everyone to buy. This stock has been trading in 4 to 5 point swings over last 6 months. Break above 13.875 and we have a new ball game. Question is when?
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