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


To: JB who wrote (2576)6/4/1999 7:19:00 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 4710
 
Hi Jack, I had to let 100 shares of VTSS go the other day at $57-1/2 to keep my equity/cash ratio correct for this investment. There's still plenty of shares left in the account as "core" holdings, but this last 100 was just recently purchased in the low $40s, so couldn't resist the ST LIFO gain of about 35+% or so.

VTSS continues to be a good investment - although it has been trading in somewhat of a range since January. That range is proving profitable for the few shares that I trade around the core holding, however. Guess it's sort of "collecting rent" on the main holding until the next leg up.

Best regards, Tom