SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vitesse Semiconductor

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stock bull who wrote (433)2/6/1997 3:56:00 AM
From: Lonnie Yearwood   of 4710
 
Based on January 31 info. I looked at, the stock had a price earnings ratio of 72, a price sales ratio of 16.2, and a current market price of $54 7/8. These, relatively speaking, are pretty big numbers (PE & PSR based on the four quarters ended 12/96).

Earnings for the year ended 9/96 were .62/share. Projected earnings are $1.18/share for 9/97 and $1.51 for 9/98 (both before the projected 3 for 2 stock split).

The stock price bounces around quite a bit, and institutions own something like 70% of the stock. If you like living in the fast lane, short it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext