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

To: Robert Sheldon who wrote (1518)	12/3/1999 5:45:00 PM
From: JBruin	Read Replies (2) \| Respond to of 2702

Robert, "pleased to hear (a rumor at this point) that mgmt. has let loose of a few shares" It's not rumor, if you know anyone that has access to a bloomberg machine (not the bloomberg site) they could confirm. I'm doing this off of memory (shaky at best) but between kiser(spelling?), sherman & clark I think it was 300,000+ shares. Some were filed on 11/23 & some on 12/1 again from memory, due your own dd. I was worried for a minute when I saw those filings, but your explanation makes PERFECT sense given the action on the stock. Because VARL should have sold off significantly after the spike with 200,000 shares left to be sold by insiders, but it didn't (due to some inst. with an appetite). In case your wondering one of the insiders sold around 60,000 at 21 1/8 (NTBC's offer was at 21 1/4 & they took a 1/8 profit for handling the transaction). Right after NTBC was finished VARL moved up. Oh by the way, NTBC is based in Colorado guess who they are handling the block sells for????

To: Robert Sheldon who wrote (1518)	12/4/1999 1:16:00 AM
From: pat mudge	Read Replies (1) \| Respond to of 2702

Robt -- I agree institutional holders want a certain percentage but they also require a certain level of liquidity and that's where having more shares comes in. SDLI did a two for one before their secondary for this very reason. Having said this I can't imagine a stock split until the price is in the 50 - 60 range. Since institutions want shares, I have to think they're having to be careful not to run the stock up. Someone tell them it's okay. Pat

To: Robert Sheldon who wrote (1518)	12/4/1999 1:58:00 PM
From: voop	Read Replies (3) \| Respond to of 2702

Hi Robert What about a secondary offering to increase the float in lieu of a split? Seems like dilution would not be bad if shares get snatched up quickly? Also, I assume you have no opinion on the next question but what do you think from a technical aspect of this stock with no splits finally breaks out after three years of trading between 8 and 15? There are those who might suggest this is indicative of an explosive upside. finance.yahoo.com Did not another misunderstood wireless stock base for a few years before climbing? finance.yahoo.com Not suggesting there is gorilla attributes, simply comparing two charts with long basing and subsequent breakout. All the best Voop