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Technology Stocks : Vitesse Semiconductor

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To: Cameron who wrote (103)3/17/1996 7:02:00 AM
From: w0z   of 4710
 
According to the following item from Electronic News, the offering is priced at 18.

VITESSE STOCK OFFERING --
Integrated circuit maker Vitesse Semiconductor Corp. has commenced a public offering of 2.4
million shares of its common stock at $18 per share. All of the shares are being offered by the
company. An underwriting group led by Robertson, Stephens & Co. LLC and Prudential Securities
Inc. is managing the offering, and it has been granted an option to purchase up to 360,000 additional
shares to cover over-allotments. Prudential: 212 776-8172; Vitesse: 805 388-3700.
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