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Technology Stocks : Vitesse Semiconductor
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To: Tim O. who wrote (3246)1/10/2000 7:58:00 PM
From: aliveinsf  Read Replies (2) of 4710
 
VTSS Sales Up...Margin % Flat...Looks Good. BUT
The only problem I see is that G and A expenses went up disproportionately to revenues. This is overhead and I hate to see these types of expenses escalate. R&D Spending is up, quarter over quarter and that is great...but the G&A increase is troubling.....that's why with 9 million more revenues there wasn't a big increase in EPS...Overhead...Not an investment in tomorrow.....
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