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


To: MoonBrother who wrote (1746)9/30/1998 10:35:00 PM
From: RDR  Respond to of 4710
 
Any chance that VTSS will make announcement similar to BRCM regarding earnings ????



To: MoonBrother who wrote (1746)10/1/1998 1:36:00 AM
From: The ChrisMeister  Read Replies (2) | Respond to of 4710
 
I'm siding w/MB on this one -- for the time being we have excellent support below 23 1/2 and no overhead resistance until we get up around 28. If we re-visit 22 for a third time I'll get worried: triple-bottoms are quite rare. I'll take today's action as a successful re-test of the bottom there 10 trading days ago. We should head north until earnings come out. I think the odds of another Tellabs, Alcatel, or Nortel type negative news release blindsiding the market between now and then are pretty slim.

ChrisMeister