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


To: ron delany who wrote (3433)5/21/1998 7:47:00 AM
From: Joe C.  Read Replies (3) | Respond to of 6565
 
I think the trading range will expand when we either get past this quarter (flat earnings) or if they make more substantial announcements about their new products prior to quarter end. Management has said the 3rd and 4th quarters will be great. Give it some time for their strategy to work. Joe C.



To: ron delany who wrote (3433)5/21/1998 4:07:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 6565
 
ron--
check out the MU thread. KURLAK is only right because people trade off his nonsense. however, there are ways to make money around those comments, for example...

he thought MU was strong in the high 50s. i shorted there and made a lot of money. sure i got burned for a few days, but when it finally turned back to reality instead of kurlakity, it paid off big.

he said not to buy MU in the teens during the summer of 96. it went from there to around 60 in a year.

starting to see the pattern.
the bleeding may not stop here, it may go lower. just keep buying. it will pay off.

good luck to all,
trey