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

To: DanZ who wrote (4657)	10/14/1998 7:46:00 PM
From: orkrious	Read Replies (1) \| Respond to of 6565

Well, I just listened to the conference call, and I wasn't too impressed. Basically, they'll be lucky to break even next qtr. I was also confused when they said wireless was disappointing. But when I look at the numbers, communications increased to 60% of revenue, from 50% last qtr. Doesn't make sense. Short term, I doubt we're going anywhere. Looking into next yr (no visibility, so it's difficult) there is tremendous potential. But the market doesn't give a shit about potential right now. Fortunately, at right around cash value, there doesn't seem to be a lot of downside. I should also say that I was very excited after listening to the 2Q conference call, and I bought 1000 more at 19. Look what happened. So, maybe now that I'm disappointed, we'll go up. Not likely. Jay