SI
SI
discoversearch

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: OldAIMGuy who wrote (5199)2/22/1999 1:41:00 PM
From: GS_Wall Street  Read Replies (1) | Respond to of 6565
 
I have VLSI Earnings estimates at -0.01 EPS for Revenue of $130M, and 0.03 EPS for Revenue of $137M. Last quarter VLSI did $137M in revenue. I have projected valuations for -.01 EPS at $9.69 and for 0.03 FMV is $12.69. It appears VLSI will be pegged in this range until the earnings picture becomes clearer. I also have projected valuations of $18 to $22.5 on VLSI out 12 months from now.



To: OldAIMGuy who wrote (5199)2/22/1999 2:45:00 PM
From: Maui Jim  Read Replies (1) | Respond to of 6565
 
Tom - There were two trades of 500K shares each, first at 9 15/16, then at 10 1/32 a minute later.

VLSI is sitting on some great products and technology and I have no doubt 99 will be successful. The stock price at $10 is a joke, but I still feel like a chump for holding it...

The shorts have collected their profits and left - If not for short covering we'd probably be even lower. There just appears to be zero demand for this stock on the street --