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Technology Stocks : Vitesse Semiconductor
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To: Robert Sherman who wrote (490)3/20/1997 6:03:00 PM
From: uri vaughan cummings   of 4710
 
I hope you didn't sell before today's rally.

VTSS is up 3 5/8 (16.1%). The Nasdaq has been hammered lately,
1400->1250. Most of that came from Tech selling, especially the
high p/e tech stocks like VTSS. Today seems to be the first day of the bounce. And of the 19 semiconductor stocks I follow,
VTSS had the strongest recovery (NSM coming in second with 5% gain).

I'd hold if I were you.

-Uri Cummings
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