Vitesse Semiconductor Message Board

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Technology Stocks : Vitesse Semiconductor

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To: Sauron who wrote (1687)	9/23/1998 4:24:00 PM
From: The ChrisMeister	Read Replies (2) of 4710

"Or maybe $10.00 by year end..." Yea, all this exuberance is making me worried, too. No, really, technically we put in a most excellent bottom last week (and first thing Monday AM). The momentum/price divergence and the volume were both there just like you like to see. This bodes well for the intermediate term and means we should outperform the market. Perhaps a run at the old highs will be in order before it's all worked out. It's just not gonna happen by tomorrow afternoon. And I am antsy about the second half of October, when most the earnings reports are behind us and it's time to think about tax loss selling. It may not be pretty, but VTSS should do comparatively well. JMHO. ChrisMeister

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