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Technology Stocks : Vitesse Semiconductor
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To: MMW who wrote (1837)10/10/1998 9:00:00 AM
From: OldAIMGuy   of 4710
 
Hi Mike, I was surprised by Friday's price activity as well. First it was down, then back to $20 then faded at the end, just as the rest of the market was celebrating. I don't know.

My guess is that since many of the telecom equipment co's are still way out of favor that VTSS is still being classified with them.

I hope we see something next week that will inspire a bit more confidence. My graph shows the 26 week Exponential Moving Average and as you can see, we're WAY below that right now.

Best regards, Tom
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