VTSS is no longer valid. It has changed to "VTSS.PK."

[gambler2075]

hmm... they are all bailing at 3.28 and 3.25... so I'm out at 3.25

can't win them all. +400.

[gambler2075]

back to mirroring the leader of our group.

In mrvc at 2.95 for b/o of 3 later today.

glta

[gambler2075]

The group is still in mrvc (and added some more at low 3's...)

I'm continuing this thread in the 1,000,000$ board... I've made a thread called "Gambler's Mirror Trades" or something like that.

GLTA

[nullzero]

VTSS got hit hard down -19% reason was a probe into illegal options with company execs. Watch VTSS for a bounce. May be a good play for a quick 5%-7% gain.

[nullzero]

Wish I played VTSS up over 9%!

[setravis]

Changed Ticker Symbol.......
VTSS is no longer valid. It has changed to "VTSS.PK."
She is a Pink Sheet listed stock now !
Therefore this thread will be moved to the Penny Stock Picking Board

[setravis]

AFTER HOURS - TOP STORY
Vitesse Semiconductor Completes Sale
to Maxim; Pays off $30M Debt Financing
Vitesse Semiconductor Corporation (VTSS) has completed its previously
announced sale to Maxim Integrated Products, Inc. (MXIM), as
well as the funding of the previously reported $30M debt financing
loan from Whitebox VSC, Ltd., including its existing loans from affiliates
of Tennenbaum Capital Partners. Vitesse will receive approximately
$63 million in cash from the sale, along with potential earn-out
payments of up to $12 million in the aggregate. "With the closing of
these transactions, Vitesse is poised to achieve a leadership position
in its core Networking and Ethernet IC market segments," said Christopher
R. Gardner, CEO of Vitesse. " As a result of the divestiture, Vitesse
has discontinued its Storage Products Division and anticipates
a reduction in operating expenses of approximately $2.5 million per
quarter beginning in the quarter ending March 31, 2008.