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

To: JohnM who wrote (4765)10/28/1998 11:32:00 AM
From: Kelvin D. Nakamichi  Read Replies (1) | Respond to of 6565
 
A straddle?<g>.

If I had to guess the next direction, 51% up, 49% down.

All I've been able to glean from following this stock is that it made it's last significant move right after options expiry day. Was there a lot of option volume when the stock was in the $11 range? If so, it could be part of the MM's monthly game.

Kelvin



To: JohnM who wrote (4765)10/28/1998 12:21:00 PM
From: otter  Read Replies (1) | Respond to of 6565
 
Glad to see that I'm not alone. I thought I was the guy that triggered a fall when I bought. That said, even though the trading range has been tight, it seems to me that the company has been moving more or less in lockstep to others (e.g. TXN) the last couple of weeks...... If it goes down, there isn't much downside left, IMO.


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