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


To: Robert Scott who wrote (2831)1/17/1998 10:30:00 AM
From: Hermann Ragaller  Read Replies (1) | Respond to of 6565
 
Robert,

I think this stock is a buy at any time below 20$.

Remember this business always goes in big swings.
The management is very much aware that they have
to bring consistency into their business and so
maybe Q1 will not be as bad as it might look now.
Anyway it is only a matter of time (6-12 months)
until the business picks up again.

Furthermore I think the currency devaluations in
Asia should have a positive effect as well, because
many companies use asian subcontractors for some steps
of the manufacturing process (packaging etc.) and
this should become cheaper now.

Just my 2 cents!