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


To: OldAIMGuy who wrote (4094)4/28/2002 12:21:17 PM
From: Outer-limits  Read Replies (1) | Respond to of 4710
 
Tom, your post really makes me feel like doubling down on VTSS Monday morning. Sure would like to, but this sector has really made me scratch my head lately. TXCC is a name I started accumulating around 4.50 and now it is below 2 bucks!! Can't seem to get traction in the telecom market, but I agree spending WILL come back, question is when?? VTSS should be one of the survivors. When I see it make a bottom (acccumulation/distribution), I will be putting more of my capital to work. Until then, I'll just send in the extra money I would have invested in the market into my mortgage payment. At least that way, I'm guaranteed a 7.625% return on my hard earned coin!! Good Luck, and yes I will be watching for a bottom in VTSS. Who knows, maybe the idiots on Wall Street will allow me to purchase this puppy in the upper 3s or lower 4s soon. Good Luck!!!!!