Vitesse Semiconductor Message Board

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Technology Stocks : Vitesse Semiconductor

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To: OldAIMGuy who wrote (1896)	10/15/1998 2:44:00 PM
From: MoonBrother	Read Replies (2) of 4710

Today's trading pattern looks suspicious to me. So far we got two big blocks. A 100K traded at 11:30am, another 300K traded at 12:00pm, both were at $23.5. Looks to me someone has placed a huge order to sell at $23.5, that's why the stock price has been dragged down from $24+. Don't tell me these big block selling orders are from those who bought yesterday. If that's the case, the guy(s) are playing so called "pump then dump" game, taking advantage of the traditional upswing before the earnings. Whatever the case is, I'm convinced that VTSS will report an excellent Q4 report after the close, and will move up significantly in the next few days. After all, the market sentiment has completely changed for the better. JMO. Good luck everyone!

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