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Technology Stocks : Vitesse Semiconductor

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To: Ian White who wrote (309)11/26/1996 5:55:00 PM
From: Clay Cunningham   of 4710
 
Sorry, I don't have any info. on sales. Yeah, I think it's overvalued.
It's price has gone from a low of $5 last year to $45 now. Its sales
only went up from 43 mil last year to 66 mil this year. I am going to
check level two market tomorrow and see if this stock is
being traded back and forth between market makers. This is
exactly why guys like Warren Buffet turn their backs to the stock
market.
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