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


To: Gold Beach who wrote (1123)1/17/1998 9:23:00 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 4710
 
Hi DWM, Yes, VTSS is helping my net worth quite a bit in the last week! It's about time! Actually, my last addition to my Vitesse position was at $35, so those shares look pretty attractively purchased on a LIFO basis. My first (of many, I hope!) selling of a small part of my position happens when the price climbs back above $49. The order is already in on a "good until cancelled" basis.

At present prices, my cash reserve for VTSS is about 38%. Cash peaked at 50% when I sold shares at about $52 some time ago. I made three buys after that, all under $40. My present goal is to let the price rise and sell off a few shares until Cash gets back to 48%.

Best regards, Tom