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Technology Stocks : Vitesse Semiconductor

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To: Cameron who wrote ()10/21/1996 5:28:00 PM
From: Donald Kirchner   of 4710
 
From conference call:

Earning .21/share
BTB overall 1.17
BTB for DataComm 1.20
BTB for ATE 1.0

They will register 3 million shares to pay for new fab which
is expected to cost $70million, $25mil for building, $45mil for equipment.

Large growth in Fibre Channel, lots of new
design wins in Gigabit Ethernet.

Current fab utilization is 65%
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