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


To: Drake who wrote (1415)5/7/1998 5:14:00 PM
From: Skeptic  Read Replies (1) | Respond to of 4710
 
current consensus estimate of only 21% growth for 1999

If their revenue and gross margin continue to grow at the rates that they have been for the last two years, pre-tax income will be up more than 70% from '98 to '99. The EPS growth will be much lower because their tax rate is increasing from 20% in FY98 to 35% in FY99.