Vitesse Semiconductor Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Duane L. Olson who wrote (741)	7/24/1997 10:06:00 AM
From: OldAIMGuy	of 4710

Hi Duane, With this last sale, my new price for buying back an equal # of shares rises to about $31/sh. That's a reasonable price for 'restocking' the shelves. VTSS really hasn't offered me very good buy-back opportunities in the time that I've owned it. I did repurchase some shares at pre-split prices of about $11 and $18, but missed the chance this March in the low $20s. That was my fault, as I was trying to be a little too cute! That miss cost me $15/share on this most recent run. OOPS! Hard to complain, however. VTSS seems to have a bright future, not ignoring the possibility of competition from more traditional semi materials and 'new' ones that might come along. As we saw in the early days of GaAs, it takes a fairly long ramp up time for these new things to get into production no matter what the benefits are. this should cushion VTSS from any sudden change in their business mix. I'm sure that VTSS isn't sitting back on their efforts to expand their markets or improve their own technology. Always a horse race! Best regards, TMV

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next