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


To: Robert Schwartz who wrote (2459)4/9/1999 5:15:00 PM
From: garrick le  Read Replies (2) | Respond to of 4710
 
Agree it 's a great company.
However,near term VTSS should consolidate around 45.
The it 'd be a good entry.

GL



To: Robert Schwartz who wrote (2459)4/9/1999 5:21:00 PM
From: Tom_  Read Replies (1) | Respond to of 4710
 
Re: further pullback.

Hi Robert!

I very much agree with your assessment of today's pullback; momentum players jumping ship after there wasn't a blowout.

Query: why do you see mid-40's? Assuming the thread's analysis of the Lucent situation is correct, what do you see in the earnings report, or elsewhere, that would cause a trend down.

Very curious, because I came out from under my rock today and took a half-position.<g>

Best wishes,
Tom



To: Robert Schwartz who wrote (2459)4/10/1999 12:42:00 AM
From: MMW  Read Replies (1) | Respond to of 4710
 
I am in agreement with your analysis. VTSS has been run up lately. It
is a tradition that WS buys on the rumor and sells on the news. This
stock will be back up as long as its fundamental kept improving.

I started invested in VTSS since late 1996. Last Sept. to Oct time
frame, I have bought a chunk at $18 3/4, and now it is more than
doubled. It is a great stock with very stable earning quarter after
quarter just like my other stock, CSCO. I am long on the stock and
appreciate what VTSS has achieved in last four years.

Cheers!
Mike