SI
SI
discoversearch

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 : Vitesse Semiconductor

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jayson Moss who wrote (251)10/23/1996 12:50:00 AM
From: Richard Karpel   of 4710
 
(1) The quarter-over-quarter earnings growth was 16.7% ... most companies would kill for 16.7% growth YEAR-TO-YEAR.
(2) Microsoft's earnings growth was 23% year-to-year, not quarter-over-quarter.
(3) Based on the current share price of $31.625, Vitesse's trailing P/E is only 64.5, which is low for a company that is growing earnings at an annual rate of 300% (i.e., 7 cents/share to 21 cents/share this quarter).
(4) Vitesse's forward P/E based on the company's run rate of 84 cents/share is a measly 37% ... and that's based on the run rate! I don't know what the earnings estimate for next year is, but it has to be way more than 84 cents.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext