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


To: SJS who wrote (1606)9/17/1998 3:28:00 PM
From: David Lawrence  Read Replies (1) | Respond to of 4710
 
If the shares get put to me (they were naked puts), my net cost will be $22 and $20, respectively. I can live with net long shares at that price level. If Vitesse's business is so bad that it holds these levels or below, the entire sector is in deep fundamental trouble. I find that very difficult to believe.