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To: Mark Adams who wrote (110290)6/26/2001 6:19:25 PM
From: oldirtybastard  Respond to of 436258
 
VTSS another future hat size, this is what they said May 2, so they are missing the revised down top line by 33-45%:

Vitesse also reiterated that it expects revenue will fall to $90 million to $110 million in the third quarter ending in June, down from $122 million in the March quarter. And it expects earnings per share of 3 cents to 7 cents, down from 10 cents in the March quarter. Analysts expect it will earn 5 cents a share in the fiscal third quarter, according to Thomson Financial/First Call.

But by December, the company hopes to be in a recovery, Tomasetta said.

thestreet.com



To: Mark Adams who wrote (110290)6/26/2001 6:19:52 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
Wow, that's huge! Thanks for posting it....

BTW, VTSS is a very well-run company, IMO. Goes to show that conditions have not gotten better so far. It's interesting that they have been under heavy distribution the last few days and were lagging today even while PMCS and AMCC were moving up...wonder who knew in advance?

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