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

To: Terror who wrote (4881)	11/18/1998 11:58:00 PM
From: Linda Kaplan	Read Replies (1) \| Respond to of 6565

Gee, Marcie. Don't blame Tom Veale for your not having played VLSI profitably. Take a look at the history of his investment in VLSI. I think you may learn something. I personally have learned tremendously from Tom Veale, who is someone I greatly admire. --Linda

To: Terror who wrote (4881)	11/19/1998 9:20:00 AM
From: BOB WALKER	Respond to of 6565

Marcie, As Linda said, look at the charts on this stock, the company is in great shape and the stock is cheep if you do your research you will see that this is a great stock to be in. The down side was what, about 6 or 7, the up side is in the 30s and it's between 10 and 11 now and seems to be moving up. I have already done fairly well buying in between 7 and 8 and I won't look to sell until probably in the 20s or 30s which, if you look at the charts, very well could be within the next year. When I have been watching this stock in the past the norm seemed to be in the high teens which is still a winner from these prices. Of course I must say, anything could happen, but I'm betting on this puppy going up. Bob

To: Terror who wrote (4881)	11/19/1998 12:54:00 PM
From: OldAIMGuy	Read Replies (2) \| Respond to of 6565

Hi Marcie, I retired my harp several decades ago. I've sold VLSI shares when the price has been up and reported here on the BB. I've bought shares of VLSI when it's price has been down and reported my activity here on the BB. I like to joke about the president, because the story is better than most sit-coms. I've owned VLSI since 1990. I've periodically owned their convertible bonds, too, but none right now. I'm profitable in my VLSI account. Most people here questioned the wisdom of selling shares when the price was up. The only explanation is that it is what the investment model I use said to do. Most people here questioned the wisdom of buying shares when the price was down. Again, the explanation is that the model suggested that I do it. I don't do this blindly. I still feel VLSI has the potential to double its sales and book value in the next 3 to 5 years. Otherwise I'd hit the road and look for another stock. My time horizon is much longer than most here on SI and this sometimes causes some confusion. I'm not delighted with the price action since it was last in the $30s, but I'm pleased with the action since it bottomed in the $6-$7 range. I was adding "support" to the stock down to less than $7-1/2. Why are you angry about that? Without my buys, how far would the stock have fallen? :-) I'll be selling a very small amount of my VLSI position when the price is $13+. So I'll be part of the "resistance." I guess if you want to be angry with me, that would be just cause. I'll keep parting out shares as the price rises, no matter how high it eventually goes. This is a business plan, and nothing more. Sorry. Best regards, Tom