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.

Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: DanZ who wrote (16177)	9/6/1998 6:23:00 PM
From: Ron McKinnon	Respond to of 53068

Dan, suggestion on VLSI IRF and a few others buy them here go fishing for 2 years come back and sell for a big profit or, trade other stocks ggggg good trading buddy PS mirc kicked off W and your 500 cause you have not been around any suggestions?

To: DanZ who wrote (16177)	9/7/1998 12:24:00 AM
From: Johnathan C. Doe	Respond to of 53068

Dan, you are correct on VLSI. The future products for this company are sound. The fact that the warning didn't tank the stock much relative to how it could have been clobbered argues that it is certainly close to the price point that factors in all bad news in the most pessimistic of possibilities. When buying returns to the techs, I would certainly expect VLSI and ADI for that matter to bounce back some; maybe only halfway, but certainly stability will be well above where we are right now. It might not be till mid-Dec. and in 1999, but it won't be much longer than that. As was said on Wall Street Week Friday, the techs are the future and that future is bright. The selldown in the techs is severely overdone as it is every time we get into this kind of market situation. Things are down far below the lows anyone thought would be possible. That is the market of the oversold nature of all of this. It can go lower, but things just aren't going to stay down. Interest rates are still trending lower; retirement money is still piling up. We could well see DOW 4400, but mid-caps won't go to zero and the drop in price won't put them out of business. It remains to be the question; when will a buying momentum return. It will and it happens at the damdest times; just when you figure it's over for the game. When this Y2K thing is out of the way; I think the techs are going to come roaring back; software stocks in particular. Mid-1999 at the latest for that I figure.