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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 (5171)	2/10/1999 12:14:00 AM
From: DanZ	Read Replies (1) \| Respond to of 6565

Jim, One thing that moves stock prices are earnings estimates. Let's take a look at the earnings estimates for VLSI and LSI. I/B/E/S VLSI LSI 1999 0.21 0.72 2000 0.67 1.59 5 yr growth 15% 20% Zacks VLSI LSI 1999 0.30 0.75 2000 0.60 1.59 First Call VLSI LSI 1999 0.24 0.72 2000 0.63 1.60 5 yr growth 17% 20% Based on today's closing prices of 9 7/8 (VLSI) and 25 7/8 (LSI), and using First Call's estimates: Forward PE VLSI LSI 1999 41.1 35.9 2000 15.7 16.2 When viewed from this perspective, VLSI is fairly valued in relation to LSI. If business is strong, why isn't VLSI management guiding analyst's earnings estimates up? If they did, the stock would move up to discount the better estimates. One big problem with VLSI continues to be the sorry leadership. I bought VLSI today at 10 1/8, but it's for nothing more than a trade. Like others, I'm leery about holding a long term position in VLSI with Stein at the helm. Sorry to be so blunt, but I think he is a total idiot and needs to be fired. The Board of Directors at VLSI should be held accountable for keeping such an idiot in charge of the company for so long. Dan

To: Maui Jim who wrote (5171)	2/10/1999 12:29:00 AM
From: patrick tang	Read Replies (1) \| Respond to of 6565

Jim, you mentioned that "business has been strong since Jan 1 ...". Please enlighten us as to source of information. Thanks in advance, patrick

To: Maui Jim who wrote (5171)	2/10/1999 10:26:00 AM
From: lifeisgood	Respond to of 6565

Jim "Semiconductors have since experienced a major upward reversal" True but VLSI has not participated. For that matter, INTC has seen major gains as well while VLSI continues to sink. Again, Stein continues to demonstrate his incompetence at the helm. This translates into little confidence in the future earnings of the company and thus a lower share price. "Just as LSI will never see 10 again, VLSI isn't likely to see 7" For LSI to see 10 would be a 60% slide. For VLSI to see 7 would only be a 30% slide.