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Technology Stocks : Vitesse Semiconductor

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To: The Ox who wrote (4153)8/9/2002 6:20:49 PM
From: JK  Read Replies (3) of 4710
 
Michael,
Getting pretty close to the point where they pay me to take the shares... huh? Well, I've spent the last of my cash on shares just > $2 and if they get to be free, I'll take 'em!

VTSS has a footprint in Gig Ethernet and Fibre Channel. Not only telecom...

Storage will do pretty well as fall approaches (IMHO). My own budget has increased a lot for that kind of expenditure, as well as $500k upgrade to our network.

It is time and has been that long since Y2K.

NOTE: An individual example is not statistically significant however.

Between a pickup in activity as fall approaches and the company's shift in focus to more profitable products, I have faith CNBC will use the phrase "Tech Turnaround" in the not too distant future.

When (not if) we do see a tech turn, where do you think upward resistance would 'kick in'?

- jk

(Disclaimer: I own VTSS shares. Duh.)
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