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Technology Stocks : Vitesse Semiconductor
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To: Chuzzlewit who wrote (2663)7/2/1999 10:48:00 AM
From: The Ox   of 4710
 
Thanks C the cat,
I understand the theory and after mulling the concept over since my posting, I guess it's as good a valuation formula as any right now. Especially with VTSS, as they have demonstrated the ability to manage both their growth and the street's expectations simultaneously. We are already very close to the 12 month target, so I guess that's where my "valuation concern" arises.

Go VTSS,

Michael
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