Vitesse Semiconductor Message Board

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Technology Stocks : Vitesse Semiconductor

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To: jef saunders who wrote (1991)	10/25/1998 9:42:00 AM
From: MoonBrother	Read Replies (2) of 4710

Where VTSS will go from here is totally tied with market, especially NAZ's next move. Looks to me NAZ is very strong and not willing to drop yet. People are buying good stocks using every weak point. If this trend continues, VTSS could trade back to $35 ~ $37 within weeks. But the cautions have to be taken at this point. As soon as you see NAZ starts the sizable drop, especially when DOW goes up, then we should take some money off the table. In short, at this point, market could go up as well as down 200 pts quickly, translating to VTSS's upside potential to $35 and downside potential to $26 ~$28. Good luck! Off topic. BTW, if my recent comments to VTSS have benefited you in the past 3 weeks, you owe yourself to read my posts on NANO thread. I feel that NANO will benefit us just as well as VTSS has done to us, if not better, in the next 3 weeks. MB

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