MasonCabot Initiates Coverage on V3 Semiconductor, Inc. (VVVI) with a
BUY Recommendation
Mason Cabot, a division of Coleman and Company Securities, Inc., the New York-based investment banking and brokerage firm, has initiated coverage on V3 Semiconductor, Inc. (NASDAQ Small Cap: VVVI) with a "BUY" recommendation. In a report dated June 15, 1999 by analyst Christopher Moore, Mason Cabot recommended the purchase of V3 common stock and set a twelve month price target of $13.
Toronto-based V3 is a fabless semiconductor company. V3 develops and supplies solutions that accelerate and manage the transfer of data in high-performance embedded systems such as cable modems, set-top boxes, Internet appliances, etc.
V3 Semiconductor, Inc.
VVVI (NASDAQ) 6/15/99 $6 1/2 52-week Range: $9 3/4 - $2 3/4 Shares Outstanding 5,527,496 Diluted Shares 6,097,984 Est Float 2,900,000 Market Capitalization $36 million Book Val/ Sh (3/31/99) $1.01 LT Debt Nil
Rev Diluted
FY Sept ($ Mil) EPS P/E ------- ------- --- --- 2000E $15.0 $0.52 12.5X 1999E $7.1 $0.06 108X 1998A $4.0 $0.03 220X 1997A $2.2 ($0.03) NM
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