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Technology Stocks : Vitesse Semiconductor
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To: Cameron who wrote ()10/21/1996 7:10:00 PM
From: Jayson Moss   of 4710
 
The mean is $.20/share, they beat estimates by a penny. There quarter over quarter growth was only 11%. Wasn't Microsoft's 22%. The P/E ratio might not be justified here. This was shown today in the last few minutes of trading. I would like to see what price the new shares are offered.

Good Luck,
J.
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