SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?


To: FastC6 who wrote (1481)11/29/1999 11:45:00 PM
From: dave luken  Respond to of 2702
 
I doubt short covering has much to do at all with the current move up. I would hazard to guess that everyday more and more people are discovering this company and the technology it possesses. People are looking right now for the hot new stock, they dont want to buy the stocks that are selling for 200 plus per share. Ive seen it happen a lot the last couple of months or so. I am not making a prediction but at the same time dont be surprised if this stock within a month or two is trading in the $50 range. Its been happening an awful lot lately.