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Technology Stocks : Vitesse Semiconductor

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To: Jazz102 who wrote (3536)7/5/2000 8:38:00 AM
From: OldAIMGuy  Read Replies (1) of 4710
 
Hi J102, It would appear that VTSS is again suffering some "guilt by association" from last week's down-draught of AMCC and some of the other specialized semis.

I guess it could also be that the group is just taking a breather here as well.......

siliconinvestor.com

I can't seem to create any logic for institutional "window dressing" in conjunction to the latest fall-off unless it's rebalancing of their portfolios.

There's a good 'til cancelled order for about a 5% addition to my portfolio that will fill if the price falls far enough (below $60 - see aim-users.com ). The range between where I sell and buy back is large, so this recent dip hasn't been enough to trigger anything yet. My last "inventory reduction" was at about $79+.

Best regards, Tom
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