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

To: Maui Jim who wrote (3424)	5/20/1998 6:30:00 PM
From: Maui Jim	Respond to of 6565

Wireless Internet & Mobile Computing Reports 'Bluetooth' Project With Intel, IBM, Ericsson, Nokia, Toshiba to Spark Wireless Connectivity Market CHEVY CHASE, Md., May 20 /PRNewswire/ -- The "Bluetooth" project unveiled today by Intel (Nasdaq: INTC), IBM (NYSE:IBM), Ericsson (Nasdaq: ERICY), Nokia (NYSE: NOKa), Toshiba and others to develop a wireless "cable" chipset for connecting mobile communications products, portable computers and computer peripherals will help spark the development of a wireless data marketplace, says Alan A. Reiter, president of Wireless Internet & Mobile Computing, one of the world's leading firms analyzing the wireless computing and "smart" device industries. Initially, the major applications for Bluetooth will be connecting diverse portable computing devices to establish ad hoc LANs and connecting portable computers to peripherals such as printers and fax machines, Wireless Internet & Mobile Computing says. The growth of wireless data usage will require more time because it's still relatively esoteric. "It's crucial to realize that building a wireless data market requires the right combination of applications, networks, pricing and advertising, marketing and distribution channels," says Reiter. "The good news is if Bluetooth wireless connections are standard on cellular and PCS phones, pagers, portable computers, handheld computers and palmtops, users will be much more likely to test wireless applications...". Companies involved in Bluetooth, including Qualcomm (Nasdaq: QCOM), Motorola (NYSE: MOT), 3Com (Nasdaq: COMS), VLSI (Nasdaq: VLSI) and Lucent NYSE: LU), will probably aggressively promote Bluetooth products, Wireless Internet & Mobile Computing says.

To: Maui Jim who wrote (3424)	5/20/1998 6:51:00 PM
From: Trey McAtee	Read Replies (2) \| Respond to of 6565

jim-- my vote? nonsense. we know about the products coming to market, and divx for one is going to be a blockbuster(no pun intended)<G>. semi companies who are not in commodity businesses should be trading at 2x's book, IMHO, which puts a decent price for VLSI more than 10 above current. personally, i think the company is worth around 32, RIGHT NOW. you have to understand where i am coming from on this one. personally, i love the fact that it is so cheap. there is a general sell off in technology, which should start to end tomorrow. the problem with these types of sector movements is that the baby tends to get thrown out with the bath water. semis have been especially problematic with comments from ADI, NSM and kurlak at merrill. what few realize is that kurlak is RARELY correct about what he says. he is normally correct short term about price action because for some reason people listen to him, thus creating the situation he predicted. i guess if i was a marginally educated broker/fund manager/ trader, i probably would listen to him as well. but, i am not so i buy more. when we get quotes everyday we tend to look at things as bad when the stock is down, and things are perfect when the stock is up. we tend to buy in much the same way, waiting for prices to go up before buying and waiting to sell until they go down. this is nonsense investing. you buy when blood is in the streets, and sell when you hear people talking about it in a restaurant. i dont know about you, but i get positively giddy when i see good companies this cheap. good luck to all, trey