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


To: beckya who wrote (3621)8/29/2000 10:51:01 AM
From: The Ox  Read Replies (1) | Respond to of 4710
 
Speaking of perspectives, what is your's currently with respect to VTSS? Do you have a downside target in mind or are you just waiting for the stock to back off a few points for a scalp? Do you look for stocks that have gone up a certain percentage or do you choose stocks to short based on overextended fundamental analysis? There are plenty of stocks in VTSS's industry that have had tremendous runs.

My cost basis is currently around $11/share on VTSS so I've seen the shorts come and go from this thread (and I also sleep very well at night<g>). Some have timed their arrivals quite well and others have not.

I'm curious why you've selected VTSS as your target since there are many other semi stocks that I consider much more excessively priced?

TIA.
Michael