SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vitesse Semiconductor

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: OldAIMGuy who wrote (484)3/13/1997 10:46:00 AM
From: Robert G. Harrell   of 4710
 
Hello all,

This time the revisions are for real and not just adjustments for a split. Looks like good news for long term investors. A 14% increase is significant.

VTSS: BRANCH CABELL increased estimate for fiscal year ending
09/97 from $0.70 to $0.80 on 03/04/97
VTSS: BRANCH CABELL increased estimate for fiscal year ending
09/98 from $0.91 to $0.99 on 03/04/97
VTSS: BRANCH CABELL increased estimate for quarter ending
03/97 from $0.17 to $0.19 on 03/04/97
VTSS: BRANCH CABELL increased estimate for quarter ending
06/97 from $0.18 to $0.21 on 03/04/97
VTSS: BRANCH CABELL increased estimate for quarter ending
09/97 from $0.19 to $0.23 on 03/04/97
VTSS: BRANCH CABELL made new estimate for quarter ending 03/98
of $0.24 on 03/04/97
VTSS: BRANCH CABELL made new estimate for quarter ending 06/98
of $0.25 on 03/04/97
VTSS: BRANCH CABELL made new estimate for quarter ending 09/98
of $0.27 on 03/04/97
VTSS: BRANCH CABELL made new estimate for quarter ending 12/97
of $0.23 on 03/04/97

Tom, I'm glad you're still around. I've done some channel trading in this stock and done pretty well but I missed two spikes worth at least 18 points. I bailed out a little above 53 because it was costing me sleep. Can your system tell you when to trade intraday? My biggest mistake was in late Nov. when the stock ran up nicely for a couple hours and then stalled. As soon as it started to drop I thought it had peaked and sold at about 38. It turned around within minutes and never really looked back until after it crossed 50. I know part of my problem at the time was that I didn't have real time quotes in a usable format. I was jury rigging a real time system by repeatedly entering trades and then not executing after the real time quote was given but this never showed me volume on the trades. Had I had even a delayed ticker in view, I would have seen 10,000 share trades streaming across the screen and maybe would have been smart enough to not sell. I've since added a tiny TV right next to my computer so I can see a ticker and I've subscribed to PC Quote real time which helps greatly. My impression is that some of the trading software out there crunches the numbers in real time and correlates volume and price changes to give buy sell signals. Does your system do this?

Si Shark, I know you've been extremely successful in trading this stock. Do you use intuition, basic TA or one of the sophisticated trading programs?

Thanks,
Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext