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Technology Stocks : Vitesse Semiconductor

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To: SKARLOEY who wrote (4314)1/25/2004 2:47:00 PM
From: Amabile  Read Replies (1) of 4710
 
Just dropped in to view SI talkers after a long hiatus. You are not the only long termer left. I bought VTSS for about a buck back when their business was chips for supercomputers. And I have ridden them up and dropped them on long term downs when their markets vaporized to make top money.

I met and dealt with Dr. Tomasetta back when he worked at Rockwell. This man is brilliant and I believe that VTSS will be a market leader in their segments as long as he's there. What about the price now? Everybody fussing about this quarterly reports and blind to market potential. Traders and worry warts keep dumping them on short term ups and probably buying back at higher prices. I am sticking until I see $18 and will decide then.

It is a shame there are so few investors left to support these good companies. All this trading just makes brokers rich.
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