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Technology Stocks : Vitesse Semiconductor

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To: Michael Young who wrote (2043)	11/23/1998 8:46:00 AM
From: David Lawrence	Read Replies (2) of 4710

Michael, MoonBrother has been a solid (and prolific) contributor to this thread. He properly labeled his post as off topic and furthered that right at the top of his message. I believe that most of the thread regulars would agree that his comments are welcome whether they are on topic or not. Aside, I'm short SFE, who took CATP public and is their largest shareholder. The rationale for the short is not necessarily because of CATP's prospects, but rather because of the current high premium for SFE relative to the NAV for their public company portfolio. Of course, if MB is correct, that premium may narrow by virtue of a rise in CATP versus a lowering of SFE's price, which is my bet. Regards, David

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