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

To: Dr. Id who wrote (2260)2/10/1999 11:03:00 AM
From: Trader Dave  Read Replies (3) | Respond to of 4710
 
Ouch?

Correction?

I would hardly call 45 times 1999 earnings a correction.

We like VTSS, but there's plenty of market downside risk at these valuations.

Bulldozer may even make me buy more of this stuff (which is tough for a GARP guy to do) but if you want to own VTSS, you have to have a lengthy time horizon in a choppy market.

TD



To: Dr. Id who wrote (2260)2/10/1999 11:20:00 AM
From: OldAIMGuy  Read Replies (2) | Respond to of 4710
 
Hi Jeff, It seems to want to become a "better buy" each day recently! :-)

I'm due to add back some shares if the price dips to just under $40. We're getting closer.

Best regards, Tom


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