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

To: Sonki who wrote (4949)	12/10/1998 11:57:00 AM
From: Terror	Respond to of 6565

Well I have to say my good buys. VLSI and I have parted our ways. I took my tax loss for the year. Ericson's bad news will add to VLSI's problems I fear. Hope you all return to new highs for the next year. Good luck and happy trails. Out at 12 and change. Marcie

To: Sonki who wrote (4949)	12/10/1998 2:09:00 PM
From: Mark Brophy	Read Replies (1) \| Respond to of 6565

Is this bad news? From Ericcson's PR: ''In Mobile phones our operating income during the last months of the year is negatively affected by the shift in demand towards entry-level phones with reduced margins. These phones are demanded for the rapidly growing pre-paid services which now account for one third of the market in Western Europe. In spite of a strong increase in volumes we have not been able to compensate for this development in our operating income.'' ''We continue to see strong growth in mobile systems where we have a world-leading position. This is an area where demand remains largely unaffected and where we have a very strong income.'' Sounds like bad news for Ericcson and good news for VLSI, unless the price pressures also extend to chips.