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

To: w2j2 who wrote (1954)	10/17/1998 6:54:00 AM
From: MoonBrother	Read Replies (2) \| Respond to of 4710

The thing I like VTSS the most is that, the management has fully control over its business and finance. They can "manipulate" its output by adjusting the production and shipping according to their need. There was a rumor that the management wanted to announce a 23c earning for Q3 when its stock took a beating recently. Then they thought their business (revenue, booking, backlog, etc.) is so strong that they only need to show their confidence by moving the release date one week earlier, beat the consensus EPS by 1c as usual, and let the data talk for them. Apparently we were right. Their business visibility is crystal clear, and leaves no room for any doubt about their future growth. The Street loves the visibility, and hates the uncertainty, therefore rewarded it handsomely. Off topic: If you sold part of your VTSS holdings, and are looking for another place to park your profit, you're welcome to join me in NANO. Like VTSS, I consider NANO another sure bet. This is a small semi equipment company that has tremendous business growth momentum. As VTSS, NANO is an excellent growth story that has some 14 consecutive qtrly revenue/earning growth up until now. It has developed unique technology that every semi company need. Because of the recent bottoming of the semi equipment stocks, at $5 NANO's PE is only about 10 times of 99's earnings, equivalent to VTSS's price at $17. NANO has been constantly increasing its revenue and earnings in the past several years until recent semi equipment collaps. Last qtr it made 17c. Because of the worst semi equipment business climate in the past 3 months, analysts have slashed this qtr's estimate to zero, which gave NANO a tremendous opportunity to beat the estimate. NANO announced that it will report the result on the incoming Thursday BEFORE THE OPENING. To me it shows that the management has some good stuff to show the Street. In fact, analysts are hinting positive results for the next couple qtrs, and calling NANO as one clearer positive figure above the rest semi equipment companies (See my posting on NANO thread). In short, I think where NANO is today at $5 is exactly like where VTSS was one week ago at $18. NANO's price could jump 40% ~ 60% to $8 within a week. The two do have difference, i.e. NANO's price is only $5, and the total floating shares are only 4 mils. Chances are that you may not be able to get a good price at all if you act even a bit late. If you are interested in NANO, join me on NANO thread. Good luck!