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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 (4214)8/31/1998 1:09:00 PM
From: E.J. Neitz Jr  Read Replies (2) | Respond to of 6565
 
Very Very Close To a Buy--Reflection on Past Comment

Sold out of VLSI 6/98 at around $15 1/2--reason was I remembered the chip stock demise in 1990--selling everyday, lower and lower--pain would never stop--sound familiar! Well this post is certainly not to gloat--for I have lost $ in some other positions, but for VLSI, I think we are close to the bottom, or at it! So I am starting to scale back in( although I have held on to 100 shares).I have traded semi stocks since the early 80"s. Here is my post from 6/98

To: Edward J. Neitz Jr. (3499 )
From: Edward J. Neitz Jr. Monday, Jun 1 1998 1:04PM ET
Reply # of 4223

Best Wishes to All---Sold Position

Love the long term Fundamentals of VLSI, but feel as though the news ahead will be anything but positive. Have seen this type of activity with VLSI,LSI before--in the early 90's, and know it can get ugly--fall much further than anyone ever expects. We do hope to get back in again at sometime. Wish everyone the best and sincerely hope we are foolish sellers at the low--and you all do well. Ed