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To: Lizzie Tudor who wrote (14434)	10/21/2002 4:37:53 PM
From: stockman_scott	Respond to of 57684

16:09 ET Veritas Software beats by a penny, updates Q4 guidance (VRTS) 15.90 +0.44: Reports Q3 (Sep) earnings of $0.14 per share, $0.01 better than the Multex consensus of $0.13; revs were $365.7 mln, vs consensus of $357.6 mln. Expects EPS of $0.12-$0.14 (consensus is $0.14) and says it is comfortable with First Call's rev consensus of $377 mln. Up in AH...nice pop so far.

To: Lizzie Tudor who wrote (14434)	10/21/2002 7:03:03 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 57684

If anybody wants a penny stock for trading in this climate... VTSS Vitesse just had a FANTASTIC conference call. There has been large insider buying of this one... they are buying down some debt and made a net profit because of it. Its a risk, I know- CEO Lou Tomasetta said the company has made a successful transition from making chips for the sinking telecom market to a majority of its revenues coming from the less hard-pressed storage arena. Tomasetta said that from the fourth quarter of 2000 to the recently ended quarter, the company dropped its reliance on long-haul telecom from 70% to 15%. Said he expected the company to return to profitability in the last quarter of 2003. Vitesse ended trading down 5 cents, or 6%, to 78 cents. In after-hours trading, Vitesse's shares came back, rising 12.8%. thestreet.com