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

To: Spartex who wrote (4534)10/5/1998 2:57:00 PM
From: DanZ  Respond to of 6565
 
Quad,

My opinion...

VLSI is a low risk buy right now. There are no guarantees in the stock market but VLSI continues to find support at 7 despite significant market weakness. If you buy it with a stop at 6 5/8 or 6 3/4, you are only risking 3/8 to 1/2 a point. IF this is the bottom, it has dollars and dollars and dollars of upside potential depending on how long you hold it. There aren't too many stocks around that have this much upside potential with so little risk.


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