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Technology Stocks : Vitesse Semiconductor
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To: Marshall who wrote (85)2/29/1996 5:17:00 PM
From: Cadaver   of 4710
 
Could it be possible that the PE ratio of 140 or so caused the downfall yesterday and today? Anybody got an idea as to what is a reasonable price for this one?

It broke two levels of resistance...but since the equity base is small, I guess it probly dont mean much. A big bull with lots of money might be manipulating this? I've heard things happenin like that before. (I'm new at the stock market) Any comments will be appriciated.
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