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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: zbyslaw owczarczyk who wrote (5336)3/1/1999 8:37:00 AM
From: Linda Kaplan  Read Replies (3) of 6565
 
Yes, VLSI has finally been doing stuff to get press and I'm glad they're continuing with that.

I use AIM on this stock, like Tom Veale, except I screwed it up last year when I sold a lot of puts at 15, got assigned for some of them and had to deal with rolling out the rest. As a result I stopped buying VLSI stock when it went really low and didn't average down as much as I ordinarly would have. Still, I went into some negative cash reserve and did end up with a reasonable number of shares, but I'd have had a lot more if I'd not violated AIM by selling more puts than would have fit with the AIM system.

So, I'm being good. AIM wanted me to sell some of my shares on Friday and I did sell 7.5% of my shares. I will be selling a few more over 16 -- maybe today. This is just a small percentage of my position but I keep learning the hard way that I should follow AIM quite strictly in order to do the best with these stocks. I ended up selling at 15-1/2 and 16-1/16 on Friday even though I know the stock will most likely be going for more before too long. If there is a dip below 12 again I will be able to buy more shares with the money generated from these sells.

Linda
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