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


To: Gene W who wrote (3863)3/30/2001 4:33:20 PM
From: The Ox  Read Replies (1) | Respond to of 4710
 
Gene,
You can take some comfort in the fact that VTSS's warnings are still 'better' than many of the other similar companies. PMCS has reduced earnings expectations all the way down to a few cents for the year where VTSS still has projections in the 60 cent range for this FY (last I looked). The way the stock is being treated, it looks like some folks still think that these numbers will come down further.

I also like their management a great deal and I feel comfortable that they can handle their company through the tough times as well as they did during the boom.