VTSS suffers from brokerage downgrade:
"Merrill lead chip analyst Joe Osha co-authored a report based on valuations. He downgraded Intel (INTC: news, chart, profile), Analog Devices (ADI: news, chart, profile), Applied Micro Circuits (AMCC: news, chart, profile), Conexant (CNXT: news, chart, profile), PMC-Sierra (PMCS: news, chart, profile) and Vitesse Semiconductor (VTSS: news, chart, profile). Each of these stocks dropped between 5 and 10 percent."
From CBS Marketwatch cbs.marketwatch.com
Best regards, Tom |