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Technology Stocks : Vitesse Semiconductor
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To: Clay Cunningham who wrote (294)11/26/1996 1:19:00 PM
From: Ian White   of 4710
 
Clearly the stock is overvalued with a p-e nearing 70, but the capital improvements should certainly add some value when it comes on-line.In the meantime, it's closing in on it's high which can only go on for so long. Have you heard of any recent orders/sales?
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