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Technology Stocks : Vitesse Semiconductor

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To: Dr. Id who wrote (4617)6/27/2006 4:05:32 PM
From: OldAIMGuy  Read Replies (1) of 4710
 
Good afternoon Dr.,

Reminds me of an old joke about the fellow who gets a flat outside the Insane Asylum and has no spare.

A fellow looking out from the fence suggests that the guy can walk his flat to the gas station about 1/2 mile away and get it repaired. The guy thanks him and starts off.

He gets the tire repaired and returns to his car - only to discover that he left the lug nuts at the gas station. He starts cussing and kicking the tire.

The guy at the fence asks, "What's the problem now?"

He tells the guy that he forgot the lug nuts and now has to walk all the way back to get them.

The guy at the fence says, "Why don't you take one lug off each the other wheels and put that wheel on? Then you can drive slowly to the gas station and retrieve the rest."

The car guy say, "Thanks, that's a great idea. Hey, do you work here or something?"

"No", says the guy at the fence, "I'm a patient here."

"Wow, that's amazing." said the car guy. "I wouldn't have expected such a great suggestion from someone in your condition."

"Well," answered the patient, "I might be crazy, but I'm not stupid!"
---------------------------------------------------------

:-) So at this point are we crazy or stupid if we don't cut (and realize) our losses?

If there's nothing holding up return to the NASDAQ exchange but the final restatement of the accounting regarding the stock options business then I would imagine that we can live through that. With no earnings, I'm not sure I'm ready to add further to the holding right now. It might become harder to track the stock once delisted.

I think I'll leave this one in the "for better or for worse" category and stick it out for now.

Best regards,
inmate@asylum.org
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