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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: H James Morris who wrote (111231)10/26/2000 9:32:24 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Virata Corporation Reports Record Second Quarter Results yesterday!
OK, so what am I missing? The stock is taking a 45% haircut today?
What's your take? Tax loss selling? No profit concerns? Or a combination of both?


James,

I did not see this until now. I don't have a clue. The selling was huge all day too even as the Nasdaq was coming back. I do like this company. I like the fact it makes money. My understanding is 33% of their revenue come from bell Atlantic and they were on strike but I believe during the quarter just reported. VRTA had increased inventory.

Got me???

Glenn