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Technology Stocks : Vitesse Semiconductor
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To: Trader Dave who wrote (2455)4/9/1999 2:28:00 PM
From: The Ox  Read Replies (1) of 4710
 
One other thought. Look at what the analysts who follow the company have been saying. While there are words of caution, none of them have lowered their targets or earnings expectations, at least none that I've seen. Targets of 65 in 6 to 12 months. 75 in 12 months.

Let's look at the percentage returns that those numbers offer. 65 is about 30% higher. 75 is 50% higher. Not a bad return in 6 to 12 months.

If those typeof returns aren't good enough, then I strongly suggest selling VTSS.

just my opinion,
Michael
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