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

To: MoonBrother who wrote (2006)	10/29/1998 8:51:00 PM
From: The Ox	Read Replies (1) \| Respond to of 4710

Thank you for your words of caution. I, like Tom, have taken profits lately and have trimmed down my holdings to 1/3 their recent size, having purchase a bunch under 22. This is not a reflection of the company or the chart. It's my way of reducing risk. The 1/3 position is all "house money". As far as I'm concerned, I can't lose, even if the stock goes to zero. If this thing tanks, it allows me to reload the boat and start the process all over again and I will continue to do this as long as the business/market environment looks bright for VTSS. Now, the above means nothing. VTSS is a solid company with a leading technology. They continue to outperform their peers and they manage their company as well as anyone, IMO. I have a one year target of $50, which would be an addition 50%+ run from here. Best of luck with your investments and trades, Michael