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Technology Stocks : Vitesse Semiconductor

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To: MoonBrother who wrote (1689)9/24/1998 11:23:00 AM
From: The ChrisMeister  Read Replies (1) of 4710
 
Personally, I wouldn't mind seeing a little consolidation here at 27 - 28, giving us a platform from which to go higher. I think I'll go have my beer later over near the new fab and see if I can't get a feel for how things are going from any workers who happen to be enjoying happy hour.

I have to say a big part of this week's rise is purely due to the general market rebound. I say this because to get into VTSS I had to sell two other stocks - one a software company, the other's in computer services; both are small, high-growth techs like VTSS. So far, I think I'm only about a point (or less) ahead for having switched over to VTSS because these other two stocks are also up quite nicely. But the switch was because I think VTSS has better long-term prospects, and that opinion hasn't changed.

ChrisMeister
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