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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 (4172)8/27/1998 12:16:00 PM
From: uu  Read Replies (3) | Respond to of 6565
 
Could someone please tell me what is wrong with the following picture?

VLSI has a book value of $12.08/shr. The stock is currently selling at $9.81/shr!

WOW! This is amazing. Wall Street is definitely run by fear and greed and nothing else. A few short months ago things were getting so overvalued it was a mania to the extreme. And now things are in the other extreme to the point it has come to be idiotic. I only wished I had the cash that I had then, now!!!!!