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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: OldAIMGuy who wrote (7948)	7/13/1999 2:31:00 PM
From: JZGalt	Read Replies (1) \| Respond to of 18928

Tom, If VTSS gets back to $54, I may have to reconsider my max margin position. <grin> To answer your question, VTSS is a long term position. I didn't buy it when it was $45ish mostly because of my undervalued position in GALT. Now that GALT has moved up, it seem prudent for me to spread out a bit within the sector. The reality is I could have bought almost any of these communications chip stocks, but we both knew VTSS would get whacked when the yr/yr and qtr/qtr numbers looked different because of the revamping of LU sales. Analysts are stupid and this time they drove off the cliff after the eps announcements. I just took advantage of the drop and spent all but my last $10 in my IRA on VTSS this morning. Market is in the dumps in general and I'm up 5% on this one. ---- Dave