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Technology Stocks : Vitesse Semiconductor

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To: Ed Richmond who wrote (1360)4/10/1998 12:18:00 PM
From: John Sikora  Read Replies (1) of 4710
 
Ed,

Yesterday's action was decidedly bullish...I just get a little nervous playing the long side in light of the company having about 117 m in sales and a 2 billion + market cap...but then again look at the internet stocks! If they are immune to the recent softness in the semi's more power to em'...It appears from yesterdays action that they will hit their # if not exceed...it will be the forward looking statements that determines the stock action thereafter...

john
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