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To: Lizzie Tudor who wrote (11138)	4/16/2002 5:59:24 PM
From: stockman_scott	Respond to of 57684

17:36 ET Veritas Software cautious on IT spending habits (VRTS) 36.86 +0.85: -- Update -- Although it believes most IT spending budgets for this year were set in the less economically favorable Sept.-Nov. timeframe, company doesn't think there has been enough positive economic data yet to induce a significant change in IT budgets for the remainder of the year by customers... VRTS -6.21 at 30.65 17:35 ET Vitesse Semi (VTSS) 9.01 +0.90: -- Update -- During their earnings conference call, the co said they would have a basically flat June qtr and indicated that their loss would be approximately $0.09-$0.11, which would be in line with the consensus of a $0.10 loss. (However, this listener did not hear the exec specify the June qtr, but it makes sense based on their qualitative guidance.)