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Technology Stocks : Vitesse Semiconductor

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To: Dan Spillane who wrote (397)	1/14/1997 2:23:00 AM
From: Robert Schwartz	of 4710

Dan - Nice call! Did you notice that VTSS immediately went down 1 1/2 the morning following the earnings announcement? I was very surprised that the stock recovered to end up 5 points. I was hoping for a few more points down so that I could get back in. I guess I learned my lesson - When you own a good stock that is extremely desirable long term, don't try to time the market in the short term! Hopefully, I will have a chance to get back in around the low-40's. If not, I'll get back in at 50 and chalk one up to experience! VTSS appears to have an extremely bright future!

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