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Technology Stocks : Vitesse Semiconductor

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To: amoezzi who wrote (4330)4/20/2004 3:24:44 PM
From: OldAIMGuy  Read Replies (2) of 4710
 
Hi AM, I last added some shares in the low $6s in March. I've been keeping the purchases once every four weeks if the price justifies buying. My next buy will be at around $5.90. That will add about 10% to my position.

I last sold some at $8.72, so the current price looks like a nice discount. However, we have to remember that there's still no "bottom line" profit showing and therefore no visible support.

If you do start a position, start it with surplus cash so you can average down if necessary.

Best regards, Tom
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