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Technology Stocks : Vitesse Semiconductor

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To: SJS who wrote (2870)10/7/1999 5:09:00 PM
From: OldAIMGuy  Read Replies (1) of 4710
 
Hi SJS, Personally, I think we've already seen the Pre-Split Run. My guess is that it'll tread water for a while then give us some buy signals after the split.

VTSS spends so much time on the positive side of the Moving Averages, it's hard to judge just what's too much! However, right now the 26 week moving average is only $68+! Yes, it got a bit ahead of itself it would appear. Since I generally don't like adding to my positions above the 26 week MA, this stock's going to really fall hard to get my attention.

I'm still extremely LONG VTSS as I've been since 1993. As most of us long term VTSS holders have seen, this is a very hard stock to work profitably on the SHORT side.

Best regards, Tom
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