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Technology Stocks : Vitesse Semiconductor

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To: StockDung who wrote (3042)10/21/1999 1:57:00 AM
From: Drake   of 4710
 
You just never give up, do you foolyie? You post the info from IBM, but not from AOL and others with positive remarks. And, if you take the time to read the IBM info you posted, you will see that IBM's problems are somewhat isolated.

Oh, by the way, what did I tell you was going to happen to VTSS' price and volume for the rest of the day -- there must be one h___ of a lot of "the unsuspecting" who "bought into what can only be described kindly as a sucker's rally". At the time of your post yesterday morning the volume was approx. 1,350,000 (daily average volume = 1,455,700) and the price was $68.69 -- the price at the end of the day was $73.50, with volume of 3,522,300. What does that tell you?

The correction, including the downturn in IBM, will be short-lived, imo.

As I said before, get a life!

dc
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