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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: OldAIMGuy who wrote (5204)2/23/1999 1:16:00 AM
From: Maui Jim  Read Replies (1) of 6565
 
Hi Tom,

Cramer's TheStreet.com gives us the first of hopefully more public optimism with this report from the Robbie Stephens Conference: thestreet.com

Turnaround for VLSI?
From wired to wireless. That is what VLSI Technology (VLSI:Nasdaq) is banking on for future growth. Chief executive officer Alfred Stein told investors at the BancBoston tech conference that VLSI would participate in the top three wireless technologies. That will be especially significant if, as Stein predicts, "wireless is slowly replacing wired infrastructure and becoming a pervasive technology."

Stein also said the company has been gaining market share and that the outlook for the communications chip company is better now than what he would have predicted in the fourth quarter of 1998.
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