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

To: Linda Kaplan who wrote (3932)	7/29/1998 8:43:00 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 6565

Hi Linda, "Are you buying, holding or selling?" I'm just grousing!! Best regards, Tom

To: Linda Kaplan who wrote (3932)	7/29/1998 9:40:00 AM
From: DanZ	Respond to of 6565

Linda, VLSI has come down to the 16 area several times over the past few months and has held. If you want to be in this stock, this is the best time from a risk to reward perspective to buy the stock. Selling continues to come in between 20 and 21 but I think the stock is more likely to break out over 21 then break down below 15. The SOX also looks very good. Like VLSI, it tested it's lower daily bollinger band and rallied this week. The weekly and monthly charts are also constructive for a rally as they are showing a base. My opinion: Buy. Dan