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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Scharf who wrote (8896)1/7/1999 4:26:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 18016
 
A confirmation of what we already knew.

Sales of communications products continues to grow rapidly.

Vitesse Semiconductor Corp. (VTSS) 47 1/2 -2 5/8: Needham & Co. maintains "strong buy" rating on designer and manufacturer of digital gallium arsenide integrated circuits ahead of fiscal Q1 earnings this evening; believes that company will meet expectations of $0.18 a share on revenues of $60 mln; expects overall book-to-bill ratio between 1.15 and 1.18 and communications product book-to-bill of more than 1.2.....


Vitesse Semiconductor (VTSS) 47 11/16 -2 7/16: chip maker reports Q1 net of $0.19 a share, a penny above the First Call mean and up from yr-ago's $0.13....