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


To: Duane L. Olson who wrote (3932)4/11/2001 6:58:00 AM
From: OldAIMGuy  Read Replies (2) | Respond to of 4710
 
Hi DLO, I ran out of ammo at $24 for VTSS on the way down, so didn't do any buying after that point.

As you mentioned, the "bottom" may have been reached, but that doesn't mean it's straight up from here. Probably the stock price will bounce around near its lows for a while before a sustained rally gets going.

My first Sell price for a few VTSS shares is so far out there that I have to squint to see it!

Best regards, Tom



To: Duane L. Olson who wrote (3932)4/11/2001 11:45:11 AM
From: albert_fong  Read Replies (1) | Respond to of 4710
 
Thank you, Duane, I sold all my calls on BRCM this morning despite of the SSB's comment. I do not have a clear picture on VTSS, but let's take a look at its daily chart, if 10p MA is able to cross 20p MA in the future, it may seem to give more confidence. I hope that is not going to be another failure swing. Meanwhile holding cash for chips and only have position on HGSI (biotech).

Regards,
Albert