Westell WSTL Message Board

STOCKTALK

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 : Westell WSTL

WSTL 6.190

+1.6%

3:51 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael F. Donadio who wrote (20422)	9/14/2000 9:06:58 AM
From: mike cobble	Read Replies (1) of 21342

More energy infusion into the DSL sector. I think VRTA had $27 mil in revs last quarter vs. 2.7 mil. Forward 5 year growth ~ 55%, price targets in mid 100's. Thursday September 14, 8:53 am Eastern Time Virata sees Q2 revenues at about $41.5 mln SANTA CLARA, Calif., Sept 14 (Reuters) - Telecommunications equipment maker Virata Corp. (NasdaqNM:VRTA - news) said on Thursday that it expected fiscal second-quarter revenues to be about $41.5 million, up from $27.7 million in the previous quarter. Virata, which makes components used in digital subscriber line (DSL) equipment, said in a statement that the strong growth was spurred by continued expansion in North America. It also cited high-volume DSL installations in Asia and Europe, new contracts and a hike in production by customers. DSL products allow high-speed Internet service over conventional telephone lines. The second quarter ends Oct. 1, and Virata expects to announce its results on Oct. 25. The company's shares closed on Wednesday at $50-3/16. And also. cnetinvestor.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next