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

To: E.J. Neitz Jr who wrote (4378)	9/17/1998 3:11:00 PM
From: DanZ	Read Replies (1) \| Respond to of 6565

Edward, I bought another 2,000 shares at 7 1/16 and am now up to a bunch...also holding 15 October 7.5 calls so I'm up to my neck in VLSI. Like you, I think options expiration is playing into how the stock is trading today. But then again, I think it will finish closer to the 7 1/2 strike price tomorrow. ERICY is down 1 1/2 today and may also be keeping some buyers away from VLSI. Best of luck to you and everyone. Dan

To: E.J. Neitz Jr who wrote (4378)	9/17/1998 3:20:00 PM
From: DanZ	Read Replies (1) \| Respond to of 6565

BTW, Analysts do not expect Ericsson to issue a profit warning for the third quarter. I sure hope they are right! By Adam Jasser HELSINKI, Sept 16 (Reuters) - Shares in telecom equipment makers across Europe took a roller-coaster ride on Wednesday after market talk of an imminent profit warning at Swedish giantEricsson . The shares partly recovered after Ericsson said it was not withholding any senstive information, and analysts poured cold water on the rumours, saying no profit-warning was likely before Ericsson's third quarter report next month Analysts also said companies focused on mobile telephony could prove more resistant to any global slowdown than many other sectors because of still huge demand in developed countries and many emerging markets. Analysts said investors might have been additionally unnerved by Tuesday's announcement by the world's sixth largest telecom company Nortel that it would cut staff, implying that global fixed-network investment might slow. Dan