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

To: lazarre who wrote (1812)	10/7/1998 5:44:00 PM
From: MoonBrother	Read Replies (2) \| Respond to of 4710

This is insane! NAZ is down like crazy. CSCO is down to $43. It was $66 only 5 days ago... and that AMD. A blow-out earning report attracted nothing but slaughtering, down $4...What's going on? Thank GOD - and I really mean it - someone is accumulating VTSS big time. If you look at the intraday chart, you would see that there were 4 big volume waves, each were 100k or more. One is at around 9:45am, another at 11:30am, and the rest 2 were at 2pm and 3pm. The first two lifted VTSS to $21.5 range while the last two strongly supported VTSS at above $20 (keep in mind that NAZ's downturn accelerated during the afternoon). The same guy (or other guys) did roughly the same thing yesterday, which was the pure reason why VTSS was up $2 on the day. I see this accumulation as an extremely important and bullish sign, mainly because of the timing. Under such a poor market sentiment, and just about 2 weeks before qtr report out, the guy is willing to take such a big position. S/He must know something that we don't know! Lets hope this is the case! Good luck everyone! MB