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

To: Trey McAtee who wrote (3925)	7/28/1998 12:34:00 PM
From: uu	Read Replies (2) \| Respond to of 6565

from briefing: VLSI Technology Inc. (VLSI) 16 7/16 +7/16: Gruntal & Co. reiterates "strong buy" on designer and manufacturer of custom and semi-custom integrated circuits despite current weakness in stock; feels price weakness present a buying opportunity; has a 12-month price target of $30 a share; expects VLSI upturn despite poor Ericsson results as company is experiencing a strong rebound in orders from Ericsson; believes that VLSI has won the design for new Ericsson phones and thus Q3 earnings could double from Q2 levels and double again in Q4..... Regards, Addi Jamshidi