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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?


To: Esvida who wrote (2720)1/9/1998 7:23:00 PM
From: Tech Investor  Read Replies (1) | Respond to of 6565
 
Since I'm short term trader, intrinsic value of VLSI is almost
irrelevant, unless I'm stuck with a big loss and I have to decide
whether to buy or dump it with a loss.
TA suggest VLSI is not oversold, but over bought at this time, but
who knows, if the market rallies, everyone goes up, the company is
at very low prices right now though.

Regards



To: Esvida who wrote (2720)1/10/1998 9:32:00 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 6565
 
Hi Al, As you know, I've been buying on the recent weakness. My equity warehouse is bulging at the seams with stock certificates! I'll continue buying in the high 'teens if the price falls that far. One of the four indicators that I use has recently been showing that speculation is completely in hibernation. It doesn't usually sleep very long. Lots of excess fat was lyposucked out of the market this last week. Maybe after the bruises heal the market will look a bit better. This old Bull Market was in need of a face-lift!

Best regards, Tom