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Technology Stocks : Vitesse Semiconductor

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To: w0z who wrote (82)2/28/1996 2:23:00 AM
From: Cameron   of 4710
 
Perhaps someone put in a sell at 22 3/8 which was completely absorbed.
I computed R1 (resistance level 1) at 22, which it tested first, and
exceeded. R2 was 23 3/4 which it met near end end of day at closed at.
Wednesday's R1 is 24 5/8, R2 25 1/2, and Pivot Point 23. Let's see
how the volume and price change tomorrow. VTSS is not a $20 stock and
will attract a different range of investors now...Could VTSS be the
next Netscape? Now wouldn't that be fun!

Cameron
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