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

To: David Rubin who wrote (2277)2/19/1999 10:34:00 AM
From: Dalin  Respond to of 4710
 
Hello David!

VTSS stock has been jittery of late. So far today it is down significantly on strong volume on no news.

Like you said, it is a great company. I am not confident enough to try and time the bottom. All I know is, its best to buy when everyone else is selling, especially the good companies. I'm a long term holder, and i feel this company's stock will at least double from this point in a year or two at the most.
If it gets to the low 30's, you can bet I'll add another 2k shares.

Regards

D.



To: David Rubin who wrote (2277)2/19/1999 11:36:00 AM
From: A. Edwards  Read Replies (2) | Respond to of 4710
 
The recent weakness of the networking chip stocks (VTSS, LEVL, PMCS, etc.) has something to do with the rumors that Intel may get into the communication chip markets.

How is it going to play out? Nobody knows. IMHO, if that is the case, investors' overreaction provides an excellent opportunity to build positions for a longer term as the fundamentals of Vitesse Semi remain rock solid.


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