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Technology Stocks : Vitesse Semiconductor

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To: Francis S. Patrick who wrote (765)8/1/1997 2:27:00 AM
From: Duane L. Olson   of 4710
 
Francis, you've got a good system, and I'd stick with what works. VTSS is a smaller portion of my portfolio (under 5%), so prefer to ride it out for a while. Chart-wise I'm looking back to around Feb, 96 when VTSS was priced around 8 and ran to 22. The pattern looks similar now -- and we might be less than half way through this upswing. But I'll ride in any case - don't see a lot of downside for a company which is producing like VTSS is. Hope to continue this discussion for another 50 points :)(or so) dlo
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