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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 (3689)6/22/1998 10:24:00 PM
From: Joe C.  Respond to of 6565
 
I have to agree. The volume alone is extremely convincing. IMO one of three things are happenning: 1) the story has merit 2) its' become fashionable i.e. CDMA entrant highlighting current cellular strength or 3) people are realizing how undervalued stock had become - quick ratios/analysis based on volume/rumour generate interest. Take your pick, I like number 3 but one would be nice. The nice thing about this is that even if rumours do not pan out, upside momentum is established by those taking a look at the company. Some will decide its' a good long term value and hold. Joe C.