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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (55305)4/8/1999 8:37:00 PM
From: Mark Adams  Read Replies (1) | Respond to of 132070
 
Been watching VTSS for some time now. I just don't see how the earnings, or even growth, justify the price of this stock.

VITESSE SEMICONDUCTOR CORP reported 2Q EPS of $0.22 vs $0.15 in the prior year period, on revenues $66.9 mln vs $40.2 mln. Analysts' mean estimates were $0.21, according to First Call. (Reuters 04:27 PM ET 04/08/99)

While I don't see a catalyst, I'm thinking it's getting to be time to think about long puts.