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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (14439)	10/22/2002 11:39:37 AM
From: damniseedemons	Read Replies (2) of 57684

>>>Tomasetta said that from the fourth quarter of 2000 to the recently ended quarter, the company dropped its reliance on long-haul telecom from 70% to 15%. oh please. their total revenues have dropped from 150m to 38m in that timeframe, most of the drop being from telecom. this is not about storage growing (what is the growth rate anyway?) to become a more meaningful part of total revenues, this is about revenues-except-from-storage crumbling. also, the big insider buying stuff.... look at it... you've got guys worth millions or tens of millions stepping up to the plate to spend 10k to 50k in some instances on their stock. i'm not impressed. ps. i don't really even follow vtss anymore, so no comment on their biz or prospects. i'm just applying some anti-spin to their spin.

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