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


To: Ed Richmond who wrote (1397)4/22/1998 5:37:00 PM
From: Ed Richmond  Read Replies (1) | Respond to of 4710
 
VTSS declares a 2 for 1 stock split!

Distributed May 26 to shareholders of record May 4.
I guess that explains the late afternoon strength in the stock
It went from 55.75 to 57.25 in the last two hours of trading today.

-Ed



To: Ed Richmond who wrote (1397)5/1/1998 12:53:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 4710
 

By the way, where is GP who we all proved was a fake. He seems to have disappeared (oh well,
must have covered his short for a loss and has not returned.)


That's right! The bears have gone into hibernation. Even Cabot market letter turned bearish on VTSS before the earnings. I guess VTSS proved them wrong. Hopefully, the current mkt conditions will provide an attractive entry point in the low 50's...

--Olu E.