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Technology Stocks : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?


To: sportsman who wrote (1353)11/15/1999 11:43:00 PM
From: akmike  Read Replies (2) | Respond to of 2702
 
Sportsman-Did I convince you that the stock would not get to less than 10? See posts #1279,1284,1291 and 1292. That would appear to be the case since we have not traded a share below 10 1/8 since 10/23. I am glad that your trade worked out. It will be interesting to see whether or not we exit the trading range soon to the upside (obviously,my belief) or begin another drift toward the lower end of the range.

Best regards,

Mike



To: sportsman who wrote (1353)11/16/1999 4:46:00 AM
From: Allegoria  Read Replies (1) | Respond to of 2702
 
Sportsman,

It just seems logical that when a very small company spends all its available cash on manufacturing and R & D, that it is quite likely the share price will lag until a payoff is at hand. You buy stocks when the company is set-up to reap the benefits of Man. & R & D & Sales. Anymore price drops are strictly load ups.
Good luck,



To: sportsman who wrote (1353)11/16/1999 10:07:00 AM
From: Robert Sheldon  Respond to of 2702
 
*I just sold out of my position in VARL that I entered into two weeks ago.*

I'm very sorry to hear that.

*In the past it has not been able to sustain a stock price above $14 for any length of time.*

Newtons laws of motion do not apply to living, breathing companies.