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


To: Elmer Flugum who wrote (3314)2/7/2000 3:28:00 PM
From: The Ox  Respond to of 4710
 
10 Million shares traded. We have institutional bail-out-lemmings lining up to launch themselves off the cliff.

Simply amazing that TQNT, AMCC and PMCS are up 2700%, 2500% and 1700% respectively since Sept 98 and during that same period VTSS is up ONLY 135%. Let's see the above companies earnings over the next year and see if they can justify these huge valuations. From the way the market has reacted to VTSS since the beginning of this year, you would think that they are a has been company. This is simply not the case, regardless of what Techbull thinks<g>!

JMO,
Michael



To: Elmer Flugum who wrote (3314)2/8/2000 12:37:00 AM
From: JCKnight  Respond to of 4710
 
I have been long on Vitesse for about three years and after three splits I have done pretty well, and am happy with the way the company is being run. That being said, I think that it might help the morale of stockholders in the present situation, if Vitesse were to give out a few more press releases, written in language that you don't need an EE degree to understand, detailing the design wins that they have achieved and contracts they have been awarded recently. There has been speculation that the recent acquisition of another semiconductor company by Lucent will result in a loss of business by Vitesse. If this will not happen, why can't Vitesse give out a press release to say so?



To: Elmer Flugum who wrote (3314)2/8/2000 4:11:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 4710
 
Hi Len, Looks like the VTSS YoYo is just working overtime!

There's quite a few people profitably working the range right now.

Best regards, Tom