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Technology Stocks : Vitesse Semiconductor

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To: Gerald F. Bunch who wrote (198)9/17/1996 4:32:00 PM
From: SI-Shark   of 4710
 
GB, It looks to me like it is time to short. My only concern now is that the strength of the general market will have some carry on effect with VTSS. I would like to wait but I would hate to miss out on a buck or two when the tide turns.

Does anyone have a record of previous short Squeezes or Instutional short activitity with this stock. It seems to me that the excitment over the last recommendation has died down. I would expect this stock to drift slowly down for about 1 month and then nose dive. November target $20.

We need to be real sure that there is no upside potential for earnings or any new product releases planned. If you know anything in this area then please respond.

Regards
Si-Shark
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