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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!

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To: otter who wrote (5418)3/3/1999 11:26:00 AM
From: TScott  Read Replies (3) of 6565
 
otter, while I'm also hoping that there is a 2 in front of the number and have not yet diminished by long holdings, don't you think that if "all the signals suggest that there will 'be a two in the front'" then the April 20 calls would be a bit more than 1/4? For a stock that was trading in single figures a week ago, a 20% increase of the $17 offer will give you about a break even after commissions. While I'm thrilled with the prospect of the stock getting to around $20, I really can't see it hitting some of the numbers suggested in this thread. After all, if it were worth $25 or more all the time, it would not have been trading around $10 for the past couple of months!
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