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Technology Stocks : Vitesse Semiconductor

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To: Cameron who started this subject	10/28/1995 10:39:00 PM
From: olduser	of 4710

Cameron, I wasn't trying to step on your toes with this stock. I was only trying to let you be aware of how these issues can get trounced lately even with good earnings reports and volume. Your volume is trending lower in the last few weeks below 200,000 and at times below 100,000. This is NOT a good indicator especially AFTER earnings! I am telling you these things only to hopefully wake you up a little as I was awokin on one of my Bullish stocks Catalyst Semiconductor(CATS) for the last few weeks. This company came out with a double on sales yet has gotten trounced because of the negative sentiment currently undermining even good and great SEMI'S as you believe you have! I expect it will take at least another cycle of earnings before you will recover to these levels and that is why I was trying to explain trends and charts to you. You cannot stop momentum no matter how hard you try.The market is too strong against a single investor. The same momentum that infatuated you in technology to begin with has turned a corner for who knows how long but it will not get back into full swing in the NEAR future, you can count on that. By the way , if you like SEMI'S take a good look at CATS I think you will be impressed with the prospects especially in FLASH and their ingeniusly new .7m chip in 1 and 2 megs which will change the future in electronics. They just began shipping these little beauties so watch for the 3rd quarter which I am expecting .13-.16 cents per share which should value the stock at approximately 11 1/2 + . Currently the stock is at 6 1/4. Try that on for size. By the way if you wish to look further into this company they are located in Santa Clara,CA. This information came directly from the mouth of the head of relations at CATS 2 weeks ago when he called me here at home responding to my inquirees as a shareholder. His exact words were that they were expecting 3rd quarter to be in the .13 to .16 area up from .10 in the 2nd quarter. Another thing you might wish to know is that this use to be a $23.00 stock in 1993!

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