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Technology Stocks : Vitesse Semiconductor
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To: The Ox who wrote (4590)5/17/2006 6:05:46 PM
From: OldAIMGuy  Read Replies (1) of 4710
 
That's a decision I'll be making before next week's buy time. One of the nice things about waiting 30 days between additions is letting the dust settle. I'm not sure it has at this point.

I managed to get this particular holding very liquid earlier on with the Cramer Effect. I don't know if I'll risk more. If they don't get their act together and are "delisted" from the regular Nasdaq Comp. that could severely screw with the liquidity of the stock.

At this point I agree there's some better opportunities around. Like stocks that actually earn money, etc!! Even stocks that pay dividends! If this market sag we're experiencing manages to pull the P/E down I'd be a lot happier.

I've started two new stock positions this calendar year. That's more than in a long time. 2002 was the last year where I made a lot of changes.

Best regards, Tom
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