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


To: DanZ who wrote (3681)6/22/1998 4:04:00 PM
From: Maui Jim  Read Replies (1) | Respond to of 6565
 
Also, if it was all W$W, we would have seen it open higher. Move came later, after business on West coast began. Jim



To: DanZ who wrote (3681)6/22/1998 9:22:00 PM
From: Kevin Hay  Read Replies (1) | Respond to of 6565
 
Indeed, it just seems to me that vlsi s/be ~18 until something more
concrete is announced. right? had vlsi admitted to be looking for
a suitor, or lsi admited it's looking to buy some one... If something
big is announced tomorrow I'd say the ftc has some sitting ducks.

the most recent short interest numbers I could find:
vlsi short interest interactive.wsj.com
*********************5/27******4/24*****% change
---V L S I TECH INC 2,338,858 2,094,545 11.7

assuming this has increased in the last month, and since the nasdaq
volume double counts (1 share traded is 1 buy and 1 sell, vol=2) today's
huge volume could've been massive short covering fueled by cnbc hype.

short, hoping to be long again soon...,
-Kevin