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Technology Stocks : Vitesse Semiconductor

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To: roger m who wrote (638)5/22/1997 12:14:00 PM
From: Steve Robinett   of 4710
 
Roger, you may be right. Usually, if only a few insiders sell, it doesn't mean much. They may have to send their kids through college or buy a boat. But here, the insider selling is across the board, the President, the Chairman (a well-known VC with tons of money already), officers, etc. This is extraordinary selling and leaps out from any list of insider selling. Just a thought, but it might have something to do with VTSS valuation and perhaps all the capacity coming on line going forward (see TQNT, ANAD, CLTK RFMD). If you're holding it long-term, don't worry about it.
Best,
Steve
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