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Technology Stocks : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Sheldon who wrote (899)4/7/1999 10:19:00 PM
From: iknowlarry  Read Replies (3) | Respond to of 2702
 
You sure do have a lot of questions.

This company has no following. The stock price goes nowhere. This company cannot make a lot of revenue. They don't have the capacity for it. If revenue / net income increase 10% this year the stock price still will be about 6 or 7. If that brokerage house starts to push the stock again, it may go up to 14 again before it heads back down.

I haven't spoken to anyone at Varl in the past 6 months. I find that the management is not all that concerned about the share price. (bad for us shareholders) They have no hi-profile MM's working the stock and seem content to accept there low P/E. Their volume is thin and under normal conditions the stock will not appreciate by posting a 10% return year over year.

No matter how much research you do on this company (good info or bad) the share price will not go up since no one wants to own it.

Of course, someone wanted to own it today! And I have to wonder why!
Upgrade? New contract? Broker pushing again?

Please tell me what you know about them. Why do you own this stock? Is there no better place for your money? I got caught buying in at a high price so i'm stuck (in my own mind of course)