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Technology Stocks : Vitesse Semiconductor
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To: mopgcw who wrote (4509)4/18/2006 4:36:51 PM
From: Uncle Frank  Read Replies (1) of 4710
 
>> down 24% aftermarket, but if this is all it is, might be an opportunity.

I'm fighting the urge to bargain shop until more details are out. If they have to restate earnings, there's no telling where the floor for this stock will be. Remember, vtss traded in the 1.50 range as recently as 6 months ago.

>> Certainly not a good signal, but what does this have to do with the findamentals of the business?

Even in the report is good, the company's valuation will be adversely affected by investor confidence for quite a while.

uf
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