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


To: Linda Kaplan who wrote (6118)4/6/1999 4:10:00 PM
From: otter  Read Replies (1) | Respond to of 6565
 
Well we didn't close there, but I did manage to get a few more July 20s today. NOW we can move to over 20 and stay there, right?



To: Linda Kaplan who wrote (6118)4/7/1999 10:29:00 AM
From: Ram Seetharaman  Read Replies (1) | Respond to of 6565
 
Just saw Larry Wachtel of Prudential Securities on CNBC @ 10: 16 A.M. He is very bullish on the entire semiconductor sector, and equipment makers. He is seeing the Telecom sector as very strong. IMHO VLSI looks good now! $ 30 + is possible this year!



To: Linda Kaplan who wrote (6118)4/7/1999 10:49:00 AM
From: otter  Respond to of 6565
 
Open interest in July 20s is now within about 5% of July 17.5s. From my perspective, an encouraging sign. When open interest exceeds 17.5s, I will buy myself a beer. When this puppy closes above 20, I will buy a case of cheap beer. When it closes and stays 'safely' above 20 3/4 so ALL options are not only in the money but have intrinsic value greater than my cost basis, well then, maybe something better, right?