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

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To: Maui Jim who wrote (5501)3/4/1999 5:13:00 PM
From: Spartex  Read Replies (2) of 6565
 
<<I still think we would have seen $35-40 again later this year, after some new product announcements, the improved outlook, and a couple of upside quarterly reports. >>

How do you rationalize $35-40/share, when VLSI didn't trade much higher than $35'share when it was earning 33 cents/quarter, and this years outlook is for 32 cents/year.

biz.yahoo.com

You just seem a little too exuberant, thats all. In today's climate, $25/share isn't a bad price, especially for those of us buying in the $6-7 dollar range last Oct.

Regards,

QuadK
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