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Technology Stocks : Vitesse Semiconductor

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To: Robert Sherman who wrote (644)	5/28/1997 9:23:00 AM
From: Marie Meyer	of 4710

Here's a blurb on the downgrade: News Alert from Dow Jones Online News via Quote.com Topic: Vitesse Semiconductor Quote.com News Item #2860673 Headline: Wedbush Morgan Cuts Vitesse Semiconductor To 'Hold' From 'Buy' ====================================================================== NEW YORK -(Dow Jones)- Wedbush Morgan Securities downgraded its investment rating on shares of Vitesse Semiconductor Inc. to "hold" from "buy." In a research note Tuesday, Wedbush Morgan cited the stock's price for the downgrade. Shares of Vitesse Semiconductor (VTSS) currently trade at around $37.50. Wedbush Morgan maintained its fiscal-third-quarter earnings estimate of 22 cents a share for the period ending in June. Copyright (c) 1997 Dow Jones & Company, Inc. All Rights Reserved.

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