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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (17331)	7/28/1998 1:20:00 PM
From: Lachesis Atropos	Read Replies (1) \| Respond to of 68173

Jim here is a report relating y2k and sectors, in a nutsehell: the poll found the utility, transportation, and health sectors in greatest danger of Year 2000 failure. Sectors best-positioned for Year 2000 success were software, financial services, and computers. Other sectors profiled -- in descending order of preparedness -- included manufacturing, telecommunications, oil and gas, aerospace, pharmaceutical, and distribution. usa.capgemini.com

To: j g cordes who wrote (17331)	7/28/1998 2:05:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68173

Sorry Jim, I don't know much about VLSI. I see the reason for your interest though. >>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..... I usually stay away from companies towards the bottom of the food chain. I only track few from a distance to gauge the health of companies further up the ladder. Most of the business is a commodity like business and margins are constantly under pressure. Unless a company has a proprietary technology like PMCS, it is hard to maintain margins and profitability, let alone retain customers. Given the positive spin being put on this it should be good for a bounce though. I'll see if I can find anything further on this. Harry