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

To: The Ox who wrote (1619)	9/17/1998 9:30:00 PM
From: SJS	Respond to of 4710

Thanks Mike. See you back on the other thread!! Let me know (PM) when/if you re-enter VTSS. I'd be interested in your entry timeframe.

To: The Ox who wrote (1619)	9/17/1998 11:02:00 PM
From: MoonBrother	Respond to of 4710

Excellent post! Very convincing chart and reasoning!!! I'd like to add one more observation, i.e. I've calculated all 4 downturns in the past 2 year period. Strangely enough, they are all down roughly 33% from their previous high. What's that mean? That means, a 1/3 hair cut from recent high of $36 is roughly $12, which leaves VTSS at a correction bottom price of $24. That's right, we are just about at the historical bottom of the correction range. Yes! Right now is the best time to buy into VTSS!!! Now can any one tell me how much VTSS goes up after each correction? 100%!!! Good luck!