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

To: ricky who wrote (3070)	2/28/1998 5:57:00 PM
From: Captain James T. Kirk	Read Replies (1) \| Respond to of 6565

Bad idea selling on bad news. During the past 6 months, the key to techs was to buy on bad news. ASND PAIR MU MUEI ADCT SMCI and so on. All these were buys on the bad news and the recoveries were nothing but a waiting game. The final outcome is the same...they all rise. However, the company must be in only a 1-2 Q downswing. Don't ever buy on good news that has already caused the stock to rise at a premium. On plays like that you may win, but the losses are quick and hard.