Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?

To: JoCo who wrote (799)	9/10/1998 9:24:00 AM
From: JakeStraw	Respond to of 2702

Vari-L Company Announces Sole Source Agreement To Supply VCOs For Lucent Programs in Germany DENVER, Sept. 10 /PRNewswire/ -- Vari-L Company, Inc. (Nasdaq: VARL - news), a leading provider of advanced components for the wireless telecommunications industry, today announced it has entered into an agreement to be the sole source provider of Voltage Controlled Oscillators (VCOs) for two Lucent Technologies (NYSE: LU - news) programs underway in Europe. Dave Sherman, Chief Executive Officer of Vari-L, said Vari-L signed a sole source purchase agreement with its German distributor, Acal Gmbh, for products to be consumed by Lucent Technologies, Germany. At the customer's request, financial terms of the agreement were not disclosed. The VCOs will be used in the construction of base station infrastructure in Lucent's digital wireless communications systems now under construction in Germany. Lucent is also a key customer for Vari-L in the United States. ''Vari-L is the leading provider of VCOs for the growing worldwide base station market,'' said Sherman. ''Our selection as sole source supplier for these programs underscores our reputation for developing powerful and reliable components that are the critical building blocks of wireless communications systems. We are working aggressively to leverage our technology and market position in the infrastructure segment to penetrate the even larger market for handheld communications devices.'' Through its headquarters in Denver, Vari-L designs, manufactures and markets a wide range of radio and microwave frequency signal source and processing components used in the wireless telecommunications industry for both commercial and military applications. Vari-L serves a diverse customer base comprised of some of the world's leading technology companies, including Ericsson, Hughes, IBM, Lockheed Martin, Lucent Technologies, Magnavox, Mitsubishi, Motorola, NEC, Nokia, Northern Telecom, QUALCOMM, Raytheon, Samsung, and Texas Instruments. Some of the statements contained in this news release are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, including but not limited to the success of the products into which the Company's products are integrated, governmental action relating to wireless communications licensing and regulation, internal projections as to the demand for certain types of technological innovation, competitive products and pricing, the success of new product development efforts, the timely release for production and the delivery of products under existing contracts, future economic conditions generally, as well as other factors. SOURCE: Vari-L Company, Inc.

To: JoCo who wrote (799)	9/14/1998 2:44:00 AM
From: FIFO_kid2	Read Replies (1) \| Respond to of 2702

Badger- I suspected that VARL was manipulated by a market maker during its runup earlier this year and was definitely right. Gaines Berland was the culprit and fortunately gave me a chance to get out at an attractive price. Unfortunately, I swapped out of it and didn't put the profit in cash. At current levels I think VARL is slightly overvalued and will sell off again since they will definitely not make the .15 estimate for this quarter but this low will make a good buying opportunity but I think earnings growth won't be spectacular for a while. I think barring any major recession I think VARL has made its low. All I know who still cover it is Red chip review and I know it is still followed by the Individual Investor group's special situation report. I think they are others also but don't know their names. My opinion you will make a better percentage gain from buying an ATML, ASYT or an oil driller on an improved industry outlook those companies have better visibilty and liquidity.