Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: orkrious who wrote (5057)	1/21/1999 9:06:00 AM
From: munsters	Respond to of 6565

think this company is still covered well. Pershing, Nations, Gruntal just to name a few asked good questions that were handled well. Theres only 47,000,000 shares. These guys get good coverage. Don't think we are going to have a repeat of 2 quarters ago. When I think Goldman booked. New products, growth in wireless, potentially new customers seems a reason to buy. Still somewhat backend loaded but a little more firmness in the business this quarter can go along way. I am more confident now than I was 2 quarters ago.

To: orkrious who wrote (5057)	1/21/1999 9:17:00 AM
From: otter	Read Replies (1) \| Respond to of 6565

ah do believe ah'm detectin a change in sentiment.... A while ago, I said that from my perspective (I'm going from memory here), the factors that would drive VLSI's stock price was (and I said what I said). One of those was investor sentiment. Going back 3 months, most of the posts on SI and elsewhere (Yahoo, for example - which BTW is much more active (sometimes juvenile, but often not)) were not what they are today - and have been for a month or so. So, here is how it appears to little old me and why I'm agonna stick around for a while with my exhorbitant and really not very wise position in VLSI call options: 1. The market in general has more to run. (a) most of the unreasoning panic in international markets appears to be behind us (b) there aren't very many other options for all those year end bonuses, 401k programs, and more, (c) the stock market and the government - whether its Social Security investments in the market (laughable) or gov't match in an IRA-like account - or something else. In the short term, the clouds I see that could affect this are (a) an Internut bubble burst that could spread into other sectors and (b) irrational exhuberance turning into irrational fear, and (c) anything else that might happen over which nobody has any control. 2. The technology sector in general is on a tear and is likely to continue. Caveats include.... Internet bubble, etc. 3. The semi subsector is recovering nicely. 4. Comparable companies (LSI, for example - my favorite comparison) are moving ahead. 5. Company revenues appear to be on the mend. Twice in recent weeks (yesterday was the second time) I almost pulled the trigger on my options.... Didn't do it. The plan is to now ride up and re-review the my position when VLSI approaches 16... Which I do believe it's now capable of doing - and can do if there aren't any surprises.