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Technology Stocks : Vitesse Semiconductor

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To: Nils Mork-Ulnes who wrote (127)	6/19/1996 4:36:00 PM
From: Jim Roof	of 4710

In a nutshell, VTSS is paying the price for its rapid appreciation in share value. It has made a classic head and shoulders top and this indicates that VTSS will continue to be under selling pressure, probably for quite a while. That is not to say that it won't rally and give an opportunity to get out with a little extra, but check out CUBE and QDEK and their charts. These top reversal patterns are pretty potent. My guess is that VTSS will hit 20 or high teens in a week or two. If any bad news comes along - watch out. I am currently short on VTSS - just a disclaimer as a courtesy. Jim Roof

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