Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Walls who wrote (649)	3/25/1998 10:13:00 AM
From: Gregory DeMoully	Read Replies (1) \| Respond to of 2702

Gerald, I noticed the last minute sale of 9000 shares as well. I had thought VARL would get some good support at the rising 50 day moving average, around $9 1/4. There is still a chance that we can bounce back up today or tomorrow, and continue the intermediate term uptrend. If not, then it looks like the intermediate term uptrend has been violated, and that VARL will have to re-establish a base in the mid $8 range. VARL continues to frustrate me by its most unpredictable price performance, and propensity for rapid sell off. I am still very bullish regarding the long term prospects for VARL, however short term VARL is little better than a crap shoot.