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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 (4783)11/2/1998 3:15:00 PM
From: otter  Read Replies (1) | Respond to of 6565
 
If we can hit 40 in 14 months, then my $10 LEAPS would be worth $30 or roughly 10x my aggregate cost basis (@$3). On the other hand, it would be a 15% return on the stock I bought at $34 last year. Not so swell...

Almost the same thing happened to me a few years ago with another company... only I wasn't smart enough to do anything except ride it down and back up... Older... Wiser.... (or if VLSI doesn't come back, real dumb)...