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Technology Stocks : Vitesse Semiconductor

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To: Gene W who wrote (3853)3/30/2001 3:03:19 PM
From: Duane L. Olson  Read Replies (2) of 4710
 
Gene.... You might get a bit of a bounce towards the close today on VTSS, as some of the Funds have a big incentive to do a little window dressing. Tom might have some idea of what the risk/reward sitiuation is -- he has done extremely well over the years buying low and selling high. In any case, a bounce would be nice.
It's really hard for me to believe that we have VTSS down here under 30, but I guess I won't try to stand on the tracks if the train is coming. I currently am holding 20% of what I consider a "normal" position in VTSS, and it is under water. And I'm delaying purchase of my next batch of VTSS since I found out that two of my funds (TVFQX and TIFQX) are big holders of VTSS already.
Let us know how you do.... and good luck!
dlo
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