Welcome | Sign In
ECommerceTimes.com
News

Stock Watch: Analyst Recommendation Boosts Virata

Print Version
E-Mail Article
Reprints
Stock Watch: Analyst Recommendation Boosts Virata

By Nora Macaluso
E-Commerce Times
07/11/00 12:00 AM PT


Is Your Website Killing Customer Confidence?
Your Website's privacy policy can be a key factor in a customer's decision to do business with you, and it is vital to ensuring you don't run afoul of your online legal and regulatory responsibilities. Need more reasons? Read on.

Virata Corp. (Nasdaq: VRTA) gained 7 1/2 to 58 1/2 Monday following reports that Banc of America Securities analysts reiterated a strong buy recommendation on the stock, with an expected price target of 150.

Virata recently said it expects a 115 percent increase in revenue for the first quarter ended July 2nd. The company said it shipped three times as many communications processors during the latest quarter as it did a year earlier.

Virata's processors enable users to develop DSL equipment aimed at the high-speed communications market. The company is based in Santa Clara, California.

Print Version E-Mail Article Reprints More by Nora Macaluso

Talkback: Be the first to comment on this story.
See Related Stories About Alteon
Stock Watch: Big Week Expected For Internet IPOs (10/04/99)
Stock Watch: Alteon Systems IPO Thunders Ahead (09/27/99)
See Related Stories About NetZero
Juno Sues NetZero, Qualcomm in Patent Dispute (06/02/00)
Stock Watch: Qualcomm Investment Bolsters NetZero (04/25/00)
Is Free Internet Access In U.S. Inevitable? (08/18/99)
See Related Stories About Oracle
Oracle Reveals Role as Microsoft Snoop (06/28/00)
Oracle's Ellison To Introduce Low Cost PC (05/08/00)
Oracle, Chevron, Wal-Mart Unit Form B2B Exchange (03/09/00)
Red Hat Ships Oracle-Tuned E-Commerce Platform (03/09/00)
Sears and Oracle Ink Online B2B Deal (02/29/00)
Oracle Brings 'Dot-Com Suite' to Linux (02/02/00)

More by Nora Macaluso

One Year Ago: Should E-tailers Drop Nasdaq Before Nasdaq Drops Them?
January 30, 2002
Once a company is kicked off the Nasdaq, its stock is listed on the over-the-counter 'pink sheets' for thinly traded issues. 		Study: Europeans Ignore Potential of TV-Based Commerce
January 18, 2002
Interactive TV also provides retailers with the opportunity to draw attention to themselves using interactive ads, Gartner said. 		The Amazon Earnings Speculation Story
January 21, 2002
For Amazon to break out of the box created by the competing objectives of boosting sales and controlling costs, a pro-forma profit in the fourth quarter will be critical, a Goldman Sachs analyst wrote.
Don't miss a story -- sign up for our FREE e-mail newsletters and view the latest headlines at a glance.
Tech News Flash [ View Sample ]
E-Commerce Minute [ View Sample ]
ECT News Network Weekly Newsletter [ View Sample ]
Shortcuts
> Get Business and Technology News Alerts
> Most Popular | Spotlight Features | Exclusives
> This Week on ECT News Network | Podcasts
> Online Retail Transaction Performance Indices
> Inside E-Commerce Times
E-Commerce Times
TechNewsWorld
CRM Buyer
White Papers | Case Studies | Reports
Leveraging Social Media To Boost E-Commerce Holiday Sales
The Business Case for Virtualization Management: A New Approach to Meeting IT Goals
Why Offshore Projects Fail: 6 Things to Know Before You Outsource
VCs Speak Out: Where the Tech Investments Are Going
LinuxInsider
MacNewsWorld
Today's E-Commerce Times Sponsors
Complimentary Webinar
How Much is 'Free' Costing You? DaveRamsey.com’s 567% ROI with Enterprise Analytics
Vertical Response Email Marketing!
Sign up for your Free Trial today and send 100 emails on us!
Entrust Extended Validation SSL
Entrust EV SSL certificates -- "go green" for less. Now from only $199 per year.
Trend Micro Smart Protection Network(TM)
Lower your content security management costs by up to 40%.
Avaya Aura™
Save up to 40% on calling costs with Avaya Aura™
ECT News Network Information
Reader Services
Corporate
ECT News Network
Terms of Service | Privacy Policy | How To Advertise
Copyright 1998-2009 ECT News Network, Inc. All Rights Reserved.