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Technology Stocks : Vishay Intertechnology
VSH 16.30-2.9%3:16 PM EST

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To: James Cherney who wrote (283)8/8/2000 3:23:32 AM
From: WTMHouston   of 384
 
James:

I do not disagree with anything you said. Given that a large portion of the EPS growth has come from ASP increases and given that the ASP cannot continue to increase indefinitely, the bottom line growth cannot be maintained at the current clip.

Top line growth and book to bill will be and are the most important performance measures.

As for the trading range, you could be right; only time will tell. I will be out of about half of my recent purchases when VSH tops $33 and the rest of the recent purchases if it looks weak thereafter. The remainder of my VSH is a long term hold; at least until I see what Q3 and Q4 look like and then it could change.

Troy
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