SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vitesse Semiconductor

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wizard who wrote (2137)1/7/1999 8:17:00 PM
From: Robert Schwartz  Read Replies (2) of 4710
 
Wizard - You are starting to sound like Moonbrother & the others who were saying VTSS was "over-valued" and "must pull back" in November when the stock broke 30 for the first time in 2 months! 45 days and many tears later, those guys lost out on 65% (not to mention some claimed to have sold short)!!

You should know better than to compare historic PE's!! If you are looking for inexpensive stocks, you may want to try Russia or Japan! If you are betting on DOW 10,000 (or Nasdaq equivalent) or above, do you see better fundamentals than VTSS? How about Amazon? Yahoo? eBAY? VTSS dominates its market and shows extraordinary earnings growth. I am assuming that once again, Book-to-bill will be extremely strong. If VTSS again makes statements such as "the next two quarters are already on the books", Hang on!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext