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Technology Stocks : Vitesse Semiconductor
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To: Bruce R. Schlake who wrote (3379)2/29/2000 1:10:00 PM
From: Dr. Id  Read Replies (3) of 4710
 
Thanks guys (I think!)

It doesn't take much to convince me not to sell!:-)

I'm not worried about these companies (VTSS, QCOM, NTAP, RMBS, JDSU,etc) but about a total market meltdown that returns valuations to more reasonable levels. My hope is that there has been a paradigm shift in the way that stocks are valued, but what worries me is that people have believed that "things are different this time" in every major bull market of the last century.

But I think I'm holding for now...

Jeff
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