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

To: RobertSheldon who wrote (2075)	4/12/2000 10:02:00 PM
From: JBruin	Respond to of 2702

Robert, "it is just that from conversations with analysts, I do not believe that they will be the ones putting pressure on the stock, if anyone pressures it at all" It seems the pressure has arrived. I realize the market is getting buried but there are many techs that have not pierced their lows from the previous week. My question is could the "extra" weakness be from perceived new competition from SAWS? RE: their VCO announcement for base stations & LMDS. I'm very familiar with the fact that stocks go up & down based on irrational emotional reactions, i.e. greed/fear. However, there are two distinct possibilities here. 1)irrational fear is creating the buy of a lifetime. 2)the perceived low PE is about to get significantly lower because somebody knows something we don't. The more I dig, the more I'd like to eliminate #2 as an option.