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Technology Stocks : Vitesse Semiconductor
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To: SJS who wrote (2932)10/12/1999 1:31:00 PM
From: The Ox  Read Replies (1) of 4710
 
GALT and CNXT getting kicked hard today, might be an opportunity with one of these. AMCC's earnings release shows, IMO, that this sector is still growing at a terrific pace. Valuations, although lofty, seem to be justified. There are significant barriers to entry in this field and few are taking direct aim at VTSS' niche.

I would welcome the cliff drop on VTSS. I would like to add to my position and a 10 or 20 point drop would be just what the doctor ordered (assuming there's no "blip" in the earnings release).

See ya,
Michael
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