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Technology Stocks : Vitesse Semiconductor
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To: Scott Moore who wrote (518)4/2/1997 1:32:00 PM
From: Dan Spillane   of 4710
 
Scott, splits don't affect P/E nor P/EG; I'm surprised you mention that in the same breath as a shorting strategy for Vitesse. The former is somewhat naive...the latter more sophisticated.

You said:
"What will be the effect of lower earnings per share? There has got to be a psychological factor, because the split will affect EPS."
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