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Technology Stocks : Vitesse Semiconductor
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To: Cameron who started this subject7/10/2003 10:13:01 AM
From: Dr. Id   of 4710
 
9:45AM Vitesse Semi target raised to $8 at Wedbush Morgan (VTSS) 6.52 -0.09: Firm raises price target to $8 from $5.50 reflecting greater confidence in better end-markets for co's storage, enterprise and service provider businesses. Notes that recent surveys of IT spending indications have indicated a more positive tone for the second half of 2003 and 2004. Additionally, Seagate (STX) has signaled a strong demand for enterprise hard disk drives.
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