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Technology Stocks : Vitesse Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (2868)	10/7/1999 3:15:00 PM
From: Drake	Read Replies (1) \| Respond to of 4710

flodyie, we have absolutely no problem with your doing "puts" on the V, and we're proud of your posting that you did so. That said, in my opinion you made a mistake -- unless you have a very short time frame (my info says VTSS to report earnings on 10/12/99). All the best, dc

To: StockDung who wrote (2868)	10/7/1999 3:43:00 PM
From: SJS	Read Replies (3) \| Respond to of 4710

So let me get this straight... 1) You're the SI guru 2) You're rarely wrong (just ask anyone on SI) 3) You've never visited the VTSS thread before 4) You're here to tell us it's going down 5) You rarely buy puts, but thought this stock merited doing so 6) You're just helping us understand this Did I miss anything? Well OK then, thanks for the advice. Tell you what, I also think the stock is going down ST (it's over extended the 50 day EMA by a larger margin than healthy...), but I am long the stock and wrote calls instead. I think the stock will rally before the split regardless of the extension about the 50 day EMA. That depends on the market health, of course. Next time, we'd all like to hear your opinions, but leave the "holier than thou" attitude at the door. Steve