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


To: OldAIMGuy who wrote (4184)8/15/2002 11:10:52 AM
From: Outer-limits  Read Replies (1) | Respond to of 4710
 
S&P kicking my baby VTSS out on August 20th!! Read further:

Vitesse Semiconductor (VTSS: news, chart, profile) fell more than 18 percent after Standard & Poor's said it would boot the chipmaker's stock out of its S&P 500 Index after the close of trading on Aug. 20. S&P noted late Wednesday that it was the lowest ranking member of the index in terms of market capitalization and that its stock "continues to trade at a low price." Vitesse's place will be taken by the Class B shares of Travelers Property Casualty, which is being spun off by Citigroup (C: news, chart, profile) on Aug. 20.

Damn them all to hell!!!