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Technology Stocks : Vitesse Semiconductor
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To: jtechkid who wrote (1341)4/9/1998 12:19:00 PM
From: Anthony  Read Replies (1) of 4710
 
Given the bearish momentum of the market I think there is not much upside potential for this stock even if they do meet the number. My guess is that the looking forward statement for next quarters or so will not be enough for this stock to sustain the current PE. I believe ~80% is own by institutional and there is going to be a mass sell off if there is any bad news ahead. Good luck on your short.
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