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

To: DanZ who wrote (3303)	4/16/1998 9:18:00 AM
From: emichael	Respond to of 6565

Thanks for your insight. I agree with all your points.

To: DanZ who wrote (3303)	4/16/1998 9:43:00 AM
From: OldAIMGuy	Read Replies (2) \| Respond to of 6565

Hi DZ, At this point I don't see any new shorts coming into VLSI for much profit. There might be some disgruntled medium term investors that will lose faith, but there shouldn't be enough of them around to make much of an impact either. All in all, it would appear that the storm clouds are breaking up. Today and Friday (options) should make for some rather odd trading patterns, but then VLSI should settle into a positive ramp for the remainder of the quarter and probably the rest of the year. All this is pure conjecture on my part. My long position in VLSI dates to 1990, so I've seen it cycle before. Best regards and thanks for the analysis, Tom