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Technology Stocks : Vitesse Semiconductor
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To: Dr. Id who wrote (4346)7/27/2004 12:08:15 PM
From: The Ox  Read Replies (1) of 4710
 
From a P/S or P/B view, VTSS has fallen back into the attractive/buy category. Below $2/share, it would be a strong buy in my opinion.

The company has focused a lot of attention to the storage market place and that sector has been relatively weak for the past couple of quarters. In the long run, if the economy stays on track, then the storage market should rebound in 2005.

Competitive pressures are also increasing for VTSS but this is nothing new.

I'm sure Tom's AIM system has had him buying shares at these low levels.

mh
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