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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 (5501)3/4/1999 4:51:00 PM
From: OldAIMGuy  Read Replies (2) | Respond to of 6565
 
Hi Jim, I'm rather enjoying VLSI closing near its daily highs each day - especially with the price climbing as nicely as it is. Could get addictive!!

I'm having to do a lot of hand holding with my Warehouse Manager - AIM - these days. AIM wants me to sell more off and not worry about it, but I've told AIM that we'll only sell once per week for a while.

Since last Friday, I've raised nearly my entire initial investment in CASH by selling off a total of about 17% of my position. I'm done for a while as we watch this play unfold. Hope those shares went to a good home! After nearly 9 years on the shelves in the Equity Warehouse, I'd grown rather fond of those shares! Well, still plenty left while we wait.

Best regards, Tom



To: Maui Jim who wrote (5501)3/4/1999 5:13:00 PM
From: Spartex  Read Replies (2) | Respond to of 6565
 
<<I still think we would have seen $35-40 again later this year, after some new product announcements, the improved outlook, and a couple of upside quarterly reports. >>

How do you rationalize $35-40/share, when VLSI didn't trade much higher than $35'share when it was earning 33 cents/quarter, and this years outlook is for 32 cents/year.

biz.yahoo.com

You just seem a little too exuberant, thats all. In today's climate, $25/share isn't a bad price, especially for those of us buying in the $6-7 dollar range last Oct.

Regards,

QuadK