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


To: John Ritter who wrote (3279)4/11/1998 8:27:00 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 6565
 
Hi John,
Seems very quiet around here these days. Must be the big grey clouds hanging over VLSI recently. Just a casual observation of the SI boards over the last year or so, but it seems that a quiet period on a stock thread here is usually followed by a rally in the stock's price. Can't say I've quantified this, but I've seen it on several cycles.

Back in my Money Talk BB days on Prodigy, this was also true. Activity dries up after speculators and shorts have moved on. This sort of defines the price "bottom."

My pure "guess" is that when earnings come out, we'll start to see VLSI's share price recover. Saying that, I must add that 20/20 hindsight is still much better than a 50/50 guess about the future!

Best regards, Tom



To: John Ritter who wrote (3279)4/13/1998 11:18:00 AM
From: DanZ  Read Replies (2) | Respond to of 6565
 
There is some confusion over when VLSI will release their earnings so I called the company's headquarters in San Jose to confirm the date. The two dates that I have seen posted on various bulletin boards are Wednesday, April 15 and Friday, April 17. According to the Investor Relations department, (408) 434-3000, VLSI will release their earnings after the market close on Wednesday, April 15. First Call has an estimate of 11 cents, and unless the chart fools me again, I think they will at least make that if not beat it by a small amount.

Good luck to everybody.

Dan