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

To: Susan Saline who wrote (4130)	8/20/1998 10:59:00 AM
From: DanZ	Read Replies (4) \| Respond to of 6565

Sue, I'm in at 12 7/8 but don't know for how long. VLSI is down to an important support level, getting dragged down with the rest of the SOX today. The SOX has support between 243 and 247 and it's currently trading at 249.98 with a low of 248.47. If the SOX rallies, VLSI should rally with it. BTW, I saw a 50,000 buy at 13; probably the company buying more stock is my guess. Good luck to all longs.

To: Susan Saline who wrote (4130)	8/20/1998 5:56:00 PM
From: John Ritter	Read Replies (2) \| Respond to of 6565

Susan, Nice to see you again, welcome to the VLSI trading forum. The chips are down, that's for sure, I'm in NSM again, drifted up and went down with warning on old news, also bought in LSI late yesterday, has drifted down somewhat. My gamble is the chips are oversold. My other major play is FINL, can't believe it ran up to 30 and crashed to 10 again. Looks like you have to take profits in this market and then get back in otherwise the ups and downs do you no good. Other than trading the pops, I'm in the chips for this cycle long-term, it's like trading the SOX index. We know that they will come back, it's the when, as soon as six months the threads maybe singing happy songs. Doom and gloom and tears of weaping in the LSI threads converted me to buy, like: "I bought at 25 and now it's 16, oh me oh my." I know the feeling, but like to be a newbee in such stock situations. John Ritter