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Technology Stocks : Vitesse Semiconductor

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To: Rob S. who wrote (172)	8/23/1996 7:59:00 PM
From: Robert Talty	of 4710

All, I'm new to this thread and basically still believe that GaAs "is was and always will be "the technology of the future" " has something changed can they actually compete with silicon on volume non defense orders. I'm sure a lot of this stocks runup is related to Internet Hype however I'm willing to listen and learn. Can someone tell me why this stock deserves a price to sales ratio of over 9? I didn't see the usual 200%+ growth in revenue that normally goes hand in hand with these sorts of multiples. Am I missing something? regards Robert Talty

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