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

To: Outer-limits who wrote (4095)	4/28/2002 12:40:27 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 4710

Hi OL, There is the dreaded $5 limit on margin stocks, I believe. Below that there can't be borrowing against them. So, depending upon what people have been doing with their margin accounts, VTSS might have to be moved over to the Cash side. Of the stocks I've followed that break down through the $5 barrier, it's usually not a pretty sight. Your caution is well founded. I personally won't buy any more shares until sub $5. I have enough at this general price range and cash is relatively precious right now. I'm watching the telecom equip. stocks closely for even a twitch indicating some change in spending by the Phone Operating Systems. They tend to all switch gears at the same time. Like a bunch of Mac Trucks all leaving from the same toll booth at the same time. We should be able to see them get rolling. I'm personally seeing my DSL carrier load up their servers to the point that the service is slowing down during the noon hour and also in the time slot of about 4:00PM to 5:30PM. If the bottleneck continues to build they will either lose customers (me!) or will be forced to upgrade equipment and bandwidth. The price for the DSL line or Cable is about the same locally. I've heard that cable is signing up customers at an incredible rate as well. When it gets loaded up enough that we're back to about what a 28.8 Modem will do, then we'll see some action! :-) Best regards, Tom