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Technology Stocks : Vitesse Semiconductor
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To: donnie lee who wrote (95)3/6/1996 11:29:00 AM
From: Cadaver   of 4710
 
The PE is ridiculous since we are using the previous ear's EPS and todays price. If you consider estimated EPS of this year, I think(not sure) PE is around 50. This will change as estimates of EPS change Zacks rates this as a strong buy and as far as I know, so does every damn broker in this country.
Yeah, I guess we can expect volatility since the equity base is so low. But in the long run, I guess we'll be rewarded for backing VTSS
Cadaver
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