Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Duke who wrote (2069)	6/21/1998 12:06:00 PM
From: James Strauss	of 13094

VTSS... >>>Jim -- If you have a chance, I'd appreciate your views on VTSS, which has a strong position in a rapidly growing segment of the semiconductor industry, and which I've seen numerous smart people say good things about lately.<<< ********************************************************************** Duke: Looks like you've been reading posts from my mom... : > VTSS has short term possibilities to the 29.00 area... On the weekly chart the 29.00 area looks like a top... MoneyFlow is neutral for now... So, I'd treat this as a short term hold to the 29.00 area... clearstation.com Fundamentally, VTSS has had good growth, but the current price reflects a P/E near 60 and a Price/Sales Ratio over 13... This says the stock is currently overvalued... stocksheet.com Jim

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