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

To: OldAIMGuy who wrote (2854)	1/27/1998 7:28:00 PM
From: orkrious	Read Replies (3) \| Respond to of 6565

Are we headed down tomorrow? Beyer makes cautious comments. biz.yahoo.com SAN FRANCISCO, Jan 27 (Reuters) - VLSI Technology Inc president and chief operating officer Richard Beyer said VLSI was cautious on the near-term and first quarter, reiterating what it told analysts after releasing fourth quarter earnings. Beyer told a Nationsbank Montgomery Securities conference that the first quarter will be weaker than the fourth quarter due to uncertainties in the consumer sector of the business, such as wireless and set top boxes. ''We are cautious about the first quarter,'' Beyer said, but added VLSI remains bullish about the rest of the year. VLSI said it expects first quarter revenues to be down sequentially from the fourth quarter, but up modestly versus the year ago.