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Technology Stocks : Vitesse Semiconductor

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To: jack bittner who wrote (2331)	3/11/1999 9:28:00 AM
From: Bulldozer	Read Replies (4) of 4710

Since no one caught it, I might as well inform everyone why VTSS was down so much a few days ago. In Needham's piece, Wong mentioned that VTSS's backlog and BTB would probably come down to an overall 1.1 from 1.15. This is why the stock was down. He reiterated that this has actually been expected and will probably trend slightly lower due to the lifting of capacity limitations as a result of Colorado. He expected investors to be nervous which is why he reiterated his SB. I fully expected this BTB action as well and it is a non-issue. Just thought everyone should know the real reason for the stock movements. Bulldozer

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