SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vitesse Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: David Lawrence who wrote (3446)4/18/2000 9:57:00 AM
From: David Lawrence  Read Replies (1) | Respond to of 4710
 
More on the downgrade:

NEW YORK, April 18 (Reuters) - Credit Suisse First Boston said analyst Charlie Glavin lowered his rating on Vitesse Semiconductor Corp. (NASDAQ:VTSS) on Tuesday to buy from strong buy.

-- sees "limited upside to model for next four quarters."

-- "Lower revenue estimates for ATE (automatic test equipment) ... and higher share count from the Orologic purchase forces us to trim" the fiscal 2000 earnings-per-share estimates by 1 cent to 66 cents and fiscal 2001 to 97 cents from $1.03.

-- company's fiscal second-quarter results met analyst's forecasts.

-- shares off 16 at 57-1/16.

Copyright 2000, Reuters News Service



To: David Lawrence who wrote (3446)4/18/2000 12:28:00 PM
From: OldAIMGuy  Respond to of 4710
 
Hi DL, Added 9% more shares to my account this AM with a price of $59-5/8. This used up a bit more of my Cash Reserves.
execpc.com

The current 26 week exp. moving average is showing over $64, so from a technical view I think this is a good place to start buying back shares.

From a fundamental point of view, the company continues to turn in very strong performance. I don't get the brokerage down grade; aren't they just about a week too late??

Best regards, Tom


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News