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Technology Stocks : Vitesse Semiconductor

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To: MoonBrother who wrote (1930)	10/16/1998 1:43:00 PM
From: lazarre	Read Replies (1) of 4710

Back over $27..... Why in the world would anyone sell now? I believe sentiment is changing and the sell on the good news is not as wise a strategy as it might have been as recently as last week ( then again, that could switcharoo before I even finish this post :-) ). No, any uncertainty about VTSS has been laid to rest. The rest is up to the Macro environment, which I see as improving. MoonBro's posts regarding telcom. expenditure speaks volumes to that. I also own QCOM which just spun out a wireless telcom. called Leap Int'l. Rec'd a mailogram from Harvey White, the CEO; this is what he had to say about telcom expenditure: " teledensity is critical to economic growth---the high correlation between teledensity and GDP per capita suggests that the telecommunications industry will continue to receive government and consumer support, even when resources are limited. " L.

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