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


To: Paul Verderber who wrote (3122)3/6/1998 3:54:00 PM
From: DanZ  Read Replies (1) | Respond to of 6565
 
Paul,

I agree completely. The stock barely budged after the news hit the wire and it has now moved back up towards the intraday high. This is a very bullish reaction to the news and I think the stock will likely test 19 1/2 to 20 next week.

Here is a link to the story.

biz.yahoo.com

Remember, buy on hold and hold on buy. It happens all the time. I strongly believe that all the bad news is priced into the stock and it is competely sold out.

Best of luck to you and all who are long.

Dan