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Technology Stocks : Vitesse Semiconductor

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To: Robert Talty who wrote (283)11/13/1996 2:45:00 PM
From: Robert Talty   of 4710
 
All,
VTSS has a few buy recommendations but the price has been oscillating since Sept with no real increases. What's causing this?
Are the thoes recommending just dumping stock or what? I've compared VTSS with most other semi companies for the same period and it is real hard to find ones that have under-performed VTSS (Sept - today) even stock with sell recommendations out did VTSS.

From a trading perspective this cant be good news, I think a lot of people must really want ot sell and are cashing out on the highs, just plain old profit taking.

I'm really interested in short term trading on this stock but the thread is full of projections going 2 and more years out. All that I care about is this afternoon and maybe tomorrow, if there is similar interest then I would like to hear some response.

regards
Robert Talty
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