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Technology Stocks : Vitesse Semiconductor
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To: The Ox who wrote (2419)4/8/1999 12:09:00 PM
From: Trader Dave   of 4710
 
Keep in mind that Book to Bill is likely to DECLINE!

But this is not a decline in growth rates. If the book to bill is ABOVE 1 that is still very good news.

However, the company has expanded plant capacity in order to reduce book to bill since they don't want customers dealing with such long lead times.

The concern (and misunderstandings) about book to bill have been pressuring the stock.

TD
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