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[QUOTE]Originally posted by cashmakers: [QB] Research on VTSS, a good buy here. Vitesse is showing promise with its Ethernet technology. The segment had another strong quarter, turning in revenue growth of 16% sequentially and more than doubling that of the year-ago period. It has captured about 95% of the market for 5- and 8-gigabit port switches. The unit may well provide $60 million in business in fiscal 2006, which should offset struggling fibre channel and telecom operations. Analysts forecast another deficit in fiscal 2006, but significant improvement over 2005. The company's Ethernet business is poised to grow at about 15% in the year ahead, thanks to the availability of next-generation products. Ethernet over SONET should also continue to be a success for Vitesse and offset soft demand for other networking products. The Networking segment as a whole should grow at a mid-single-digit pace in fiscal 2006. Vitesse Semiconductor Corp. on Monday posted a slightly smaller loss for the fiscal first quarter, as revenue rose during the period. The company narrowed its deficit to $14.1 million, or 6 cents per share, from $17.2 million, or 8 cents, the year before. Setting aside one-time items, its net loss amounted to $7.9 million, or 4 cents per share. Cramer's 'Mad Money' Recap last week suggest a buy fro VTSS on its recovering business. "The battered stock of the day that's making a comeback is Vitesse Semiconductor (VTSS:Nasdaq - commentary - research - Cramer's Take), said Cramer, adding that it has great pin action off the upbeat Cisco (CSCO:Nasdaq - commentary - research - Cramer's Take) quarter. " Valueline updated VTSS timeliness to 3 with a highest Technical timing at 1 on Feb 10. valuline holds a target $5. I am in VTSS and aiming for >$4 [/QB][/QUOTE]
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