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Technology Stocks : Vitesse Semiconductor

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To: Robert Schwartz who wrote (393)	1/11/1997 2:13:00 PM
From: Dan Spillane	of 4710

From: Dan Spillane Jan 9 1997 8:06PM EST ... " well, 8% is better than last quarter. I see 50 dollars/share." It looks like I was a tad short on my prediction...it closed at 50 1/2. Forgive me for my miss of 1/2 point. I'm especially impressed with the hefty internal book-to-bill ratio Vitesse reported... I understand Ascend Communications (ASND) has gotten some large new orders. Ascend (and others) employ GaAs chips in their top-line communications products. I consider Vitesse to be the "best derivative play on high-speed networking," and I don't see this trend changing anytime soon. Dan

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