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Technology Stocks : Vitesse Semiconductor
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To: David Lawrence who wrote (4231)10/22/2002 12:06:39 AM
From: The Ox   of 4710
 
I see from your edit you've had your initial question answered. If they can continue to extinguish debt at a substantial discount to their balance sheet price, this will improve shareholder equity and it might help to offset the burn rate. The key for VTSS is still on the demand side of the equation. A major improvement in IT spending is needed to help this company, imo.
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