Feels like if you own a chip stock, you have leprosy. Darn. Darlings that could previously do no wrong, are now dogs.
Who woulda thunk it?
I guess no dream lasts forever, but I woulda thought that optical and telecom would not be this depressing.
Probably gotta hang a few of these on the fencepost to dry.....for at least a few years. AT LEAST.
Saw this tonight, Mike: ___________
TranSwitch (TXCC) 28 1/8 -7: Company announces the acquisition of privately held, Horizon Semiconductors, Inc., a specialized design for test and diagnostics engineering service company. TranSwitch issued 43,507 shares of its common stock, a portion of which will be released upon the attainment of certain goals, and paid approximately $454,000 in cash. Deal will be accounted for as a purchase; see press release.
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Steve |