SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vitesse Semiconductor

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: OldAIMGuy who wrote (781)8/5/1997 2:08:00 AM
From: Duane L. Olson   of 4710
 
VTSS is one of those "once in an investment career" stocks, Tom, and glad to see you have been doing it right. Reminds me of some of the little stocks I picked up cheap in 1974 (Example, bought several thousand American Medical Int'l at adjusted price of 7/8; eventualy sold the last at prices in the 30's) One of the reasons I retired at 52 to attend to keep my priorities straight (golf #1, all else, put under consideration). But there is no obvious reason evident to me that says VTSS is due for a crash -- sure,modest pullbacks would be expected; but good grief what an earnings track they are on. There are a lot of "gunslingers" out there who think PE's in the 60's are fine if you have growth rates in the 60's -- so VTSS has plenty of time, and room, to move still higher. If so, Tom, enjoy!
//Sorry for the slow response -- I tried to load my Winmodem and it killed me for a couple of days: That modem has created more ill will for US Robotics than if they had shot a few customers :-( \\\\ dlo
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext