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Technology Stocks : Vitesse Semiconductor -- Ignore unavailable to you. Want to Upgrade?


To: Bill Hardison who wrote (2701)7/12/1999 4:58:00 PM
From: Beltropolis Boy  Respond to of 4710
 
>Still guessing it will be another 3 for 2.

bill.

regarding the banana, vitesse's BoD needs to jack up the number of shares. as previously posted, vitesse 'only' has 100M shares currently authorized; roughly 76M are issued and outstanding as of mar 31.

not that you wouldn't vote otherwise ... <vbg>

fwiw, from a cursory glance at the current numbers, i see that gross and net profit margins have edged up sequentially: 26.6% from 26.4% and 63.4% from 62.7%, respectively.

-chris.