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Technology Stocks : Vitesse Semiconductor
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To: tech who wrote (832)8/11/1997 8:11:00 PM
From: Hiram Walker   of 4710
 
Tech,lets say the stock drops to 20,and stays there for 10 years. That is my scenario,even though I know very little about the company. What is the put/call ratio,and what is the future market for their products? I am thinking ,after I do more DD,of buying Leap puts if they are available,and riding this puppy down to 20,where I think it belongs.
Hiram
Price/sales ratio is way too high,as is its market cap of close to 2 billion.When this puppy breaks it aint ever coming back to 55.
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