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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 (3532)6/4/1998 3:58:00 PM
From: Maui Jim  Respond to of 6565
 
Woa, takes a jump just before close - Blew thru 16 in 1 minute - Up +1 1/4



To: Maui Jim who wrote (3532)6/4/1998 4:04:00 PM
From: shane forbes  Respond to of 6565
 
(VLSI at 1 P/S)

Jim:

I was thinking of Jan 1997 especially - after Q4 and the tanking of the stock then. This reminds me of that time. (It was making money as well then.) Give a few days and the stock will come back. The semis are kinda big time over sold (pay no attention to the PC related...). I think the stock is worth at least 18-19 right now. So at 15 and change it is an easy 20% in a few weeks type stock. Worst case scenario we get to 14 and change. Below that the market is really nuts...

shane.