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Technology Stocks : Vitesse Semiconductor

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To: Donald Kirchner who wrote (55)2/6/1996 4:45:00 PM
From: Cameron   of 4710
 
Don, VTSS only needed time...it closed at 14 7/8 today. That
is more than 3% above the upper channel bound with increasing
volume. I am confident the min rise to 17.5 (according to
my measuring formula) will happen in the very near future. It
could attain as high as 21 or whatever buyers think, however
I think the steam will wane as it approaches 20 something. What
ever happened to those secondary offering shares? I only saw
about half of them absorbed.

Cameron
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