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Technology Stocks : Vitesse Semiconductor

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To: Scotsman who wrote (2238)	2/12/1999 5:17:00 PM
From: Amabile	Read Replies (1) of 4710

Scotsman I don't get to this site often enough for timely posts so the answer to your Feb 4 post is clearly yes (in hindsight). But not by a lot so far. What I have been doing with VTSS, as I mentioned in another post, keeping a core amount which is the maximum I will allow myself for one stock in a portfolio. Then taking some cash reserves and buying in when I see a 10-15% pullback in order to try to smooth out the return by selling when it is back to my expected price (not day trades but over some extended period). But, of course, it is impossible for me to time local highs and lows and it has only worked moderately well. Another factor is that I don't like to be out of VTSS so I tend to buy back to soon even for a temporary holding. Example, went out at $48 and couldn't keep from pulling the trigger and buying back at $44 when, in the back of my mind, I think I may well see $40 soon. What's the old saying?, "you pays your money... Regards, amabile

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