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Technology Stocks : Vitesse Semiconductor

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To: Lonnie Yearwood who wrote (434)	2/6/1997 9:20:00 PM
From: Timothy Tashjian	of 4710

Lonnie,also look at the insider selling. I dont have it at hand but this week there was a large filing from many people to sell their shares. I too have been thinking of shorting this and Qualcomm,it too had a large filing of insiders selling. Does anyone have an opinion?I think this year might be the year to short high p.e.,high p/book stocks. I just got killed this week going long some telecommunications stocks and am thinking the short side is a better play here. Any comments?Sorry I would rather be long,but it is not working for me this year. Tim

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