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


To: OldAIMGuy who wrote (2058)11/27/1998 8:56:00 PM
From: MoonBrother  Read Replies (1) | Respond to of 4710
 
Tom,

Thanks for your info. They sure look interesting.

I always keep an eye on VTSS and other stocks in the SEMI/Comm group. As soon as I see another opportunity I will certainly come back and play big on them. But at this time, my feeling is that this group may not move much on either direction, therefore I'm playing some other issues that I think have better short term moving possibilities, such as CATP and CD.

OT
CATP went up another $2 today and finished exactly at $22 as I predicted in my Wednesday's note on CATP's thread. As you might know, I bot into CATP about a week ago at $18 and expected it to move above $23 within a month, roughly a 30% gain. Started in last session, CATP has gone up more than $2 a day in last two sessions, and now closes into my $23 target. I'm expecting it to go beyond $23 next Monday. From that point on I'll start taking profit. My next preliminary target is CD, which I bot the first chunk of 2400 shares last Wednesday at $16.5. My price target for that one is $22 within a month. Today it went up $1.5 and finished at $18. So things are moving very well on track. Hope they will continue to move that way.

Good luck!

MB