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


To: Don Ciphon who wrote (3335)4/28/1998 11:31:00 PM
From: Joseph E. Caiazzo  Read Replies (1) | Respond to of 6565
 
The fund managers usually do their buying at the beginning of the month, so this pattern is unusual. And why would short sellers suddenly feel a squeeze now when the market is tanking? Doesn't make sense. Perhaps there is an investor out there who knows something big is about to break....or one who can simply do the math of figuring that the end of 2nd Q is 60 days away & the co did announce that 2nd Q should be the end of their downturn. If one believes the mgmt, now is a good time to buy.
JEC