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

To: Maui Jim who wrote (4969)	12/16/1998 2:52:00 AM
From: ed	Respond to of 6565

If you look at the three month chart of VLSI, you will see that VLSI started to move upward since Oct 16. Thereafter, each major up always followed wih a dip , and each bottom of the dip is always higher than the previous bottom. VLSI had hit the latest bottom yesterday, and will trend to the next high , $16 and then dip back to the next bottom , $13. If you go the the Yahoo board and look at the day chart , you will find that someone is accumulate VLSI quietly in the past couple of weeks. Whenever the stock went down or flat, the volume is light, while when the price went up, the volume is huge. At the last few minutes of today's trading , big buy orders went through. Looking at the trading pattern, the recover of the semi industry, the boom of celular phone business, the low PE /19, VLSI is due for a big jump ----> Upward.