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Technology Stocks : Vitesse Semiconductor
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To: david jung who wrote (682)6/27/1997 3:05:00 PM
From: David Rubin   of 4710
 
Is this significant, or could it be that these guys got scared when they saw the drop to the $20s?

Remember the insiders have a tremendous amount of profit in their shares, and since VTSS is a pretty young company I don't think that the management and directors have become materially wealthy. Maybe they needed the cash for a house or something.

Seems to me the company's growth has not slowed and demand for their products is bound to be picking up. Is there any evidence that their next earnings release might disappoint?
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