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


To: OldAIMGuy who wrote (4363)9/14/1998 7:28:00 PM
From: Terror  Respond to of 6565
 
Tom,
The way this dog has been trading I think you to be brave or stupid. I am starting to feel the same way. Hate to take a loss. Well good luck, but this stock has been a dog with fleas. TO call it anything else would be a lie. But even fleas have their day in the sun.

Marcie



To: OldAIMGuy who wrote (4363)9/14/1998 7:38:00 PM
From: orkrious  Respond to of 6565
 
Tom, VLSI is speaking at the DLJ conference tomorrow (see their web page) and sometime this week at the Montgomery conference. Maybe we will get a pop from something uttered at one of them.
Jay



To: OldAIMGuy who wrote (4363)9/15/1998 8:02:00 AM
From: Linda Kaplan  Read Replies (2) | Respond to of 6565
 
Tom, I think you're wise to buy more shares at this price. I'd be doing the same if I hadn't tied my hands through the options I wrote. Because I sold puts with a strike at 15, I got assigned part of that last week. I bought 800 shares at 15, which was TWICE the price of the stock at that point. AIM would love me to buy shares at the current price of the stock but I will be assigned 1200 more shares at 15 before these options expire (October) unless the stock miraculously doubles before then.

If not for those puts I sold, I'd be buying here, too. I think VLSI has bottomed and that it's a screaming buy at this price. Do you have any suggestions for how I can make my situation better? Do you think I should buy shares here, to offset the buys at 15? It seems clear I'll have to be buying the other 1200 shares at 15 and my investment in VLSI is already huge, (for me).

Any advice appreciated. I do have a little cash this morning, but I had other things in mind for it. :-)

Linda