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

To: Duane L. Olson who wrote (3905)	4/5/2001 11:21:49 AM
From: OldAIMGuy	Read Replies (2) \| Respond to of 4710

Hi DLO, I think of the market as a big pendulum more than a rubberband, but either will work. The pendulum was pretty far out there last year in March and this year it's back almost as far the other way. That's true of VTSS at $105 and probably of VTSS at $15! On a trailing earnings basis, VTSS isn't exactly cheap at this price, but should the world not come to an end, their growth in the future will help ease that number back down. Best regards, Tom