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


To: OldAIMGuy who wrote (2585)6/6/1999 10:40:00 AM
From: Bill Hardison  Respond to of 4710
 
One of my best investments as well especially having traded a lot around the core position.

I noticed that VTSS's recent acquisition was with stock. By my reckoning they have still have that horde of cash they raised in the secondary (was it in 96 or 97?) to build the Colorado fab - and then didn't need most of it as they were pretty much able to build the plant out of free cash flow. At any rate, I keep wondering what they're going to do with all that cash.