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Technology Stocks : Vitesse Semiconductor

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To: gda who wrote (1259)3/8/1998 7:06:00 PM
From: Thomas Howell  Read Replies (3) of 4710
 
Why would anyone want to buy this stock at current valuations-- VTSS is a good company yet, its stock price should be between 20-30. The industry is in a downturn and VTSS has held up better than almost any other SEMI but it is just a matter of time before it gets hammered. And MOnday is good day for it to start, It was trading down after hours on Friday because of CPQ and I expect a 2-5 point downturn on Monday for this overvalued piece of Sh*t. GDA just because we have different views on this company doesn't mean your stupid just a little slow on VTSS.
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