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Technology Stocks : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (777)	6/19/1998 2:30:00 PM
From: gmccon	Read Replies (1) \| Respond to of 2702

I hope you didn't buy any above 11. My limited experience and Irish ignorance tells me it will live at the 10-level for many months. Greg

To: JakeStraw who wrote (777)	6/20/1998 11:25:00 AM
From: gmccon	Read Replies (1) \| Respond to of 2702

Hi, J. I didn't mean to ignore your question as to when the company said Asia was virtually no problem for them. It was back in January or so. I can't find the piece, but the stock was flirting with 7 at the time. I made money w/varl in the 9 - 11 range several months ago and bear the stock, itself, no ill will. If I'm wrong about the news release back then describing very little Asian exposure, I apologize, but I expect others following here to remember, also. Investors will punish this stock, J. It isn't just that they feel betrayed, but that the company is not enjoying the sequential growth that they require from their investments. In this case, they're saying that their growth is connected to Asia. Forget about it. If the Market is weak on Monday, it's into the 9's for sure, in my opinion. I personally don't expect Japan to get real- ever. Asia will melt down before The Rising Sun listens to anyone but their gods. Here's a country that still blames the U.S. for WWII. Greg