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


To: Daniel Gilbert who wrote (4779)11/2/1998 1:47:00 PM
From: otter  Read Replies (2) | Respond to of 6565
 
Holy smoke! A maybe buyer!!! (I was a buyer at 34. Oops. Buyer at 19 and seller at 19 1/2. A buyer at 12. A seller at 14. A buyer at 12. Oops. An option buyer when VLSI was at 10 (on the way down) Another oops. More options 9 1/2. on the way back.

With this company, I'm not sure what you mean by a good entry point. If you believe in the company, they were giving it away at 6 a few weeks ago. THEN was the time to buy!!! (I was a coward).

Seriously. Asset value of the company is $12. If you believe in the product, how the products are integrated into others' products, and all that, and if you are a - long term investor - then - why not now? If you are less sure, then some now - some later.... (Income average it)... Anything under 12 is, in my opinion - a no brainer.