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Technology Stocks : Vitesse Semiconductor

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To: rairden who wrote (4179)8/15/2002 6:38:13 PM
From: JK   of 4710
 
<< Another couple "low risk" weeks and
we'll be down to zero >>

As I said previously, when they pay me 5 cents to take the stock, I'm REALLY gonna load up . . . (;>

Actually, the situation has not significantly changed, other than the institutions have given up.

VTSS must stretch cash until new/existing products take hold, or else.

At some point, and the largest players are telling us it will be more than a quarter, the sector will come back to profitability. For us long term folks, use your speculative $$, not reserved for Pfizer, Citibank, or Exxon, and nibble in. If VTSS makes it through the tunnel, it will pay.

Facts:
email will continue to increase, much to the chagrin of USPS
broadband will grow, but like a glacier, irresistably
all the equipment purchased in 1999 will be OLD in 2003
VOIP is coming; don't blink.

Over the horizon:
the next "killer app" is about a year off and will soak up significant portions of existing bandwidth.



- jk
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