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Integrated Device Technology Inc. (IDTI)
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blogs.barrons.com
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Dec 08, 2008
about
IDTI
Integrated Device Technology (IDTI) this afternoon cut its guidance for its fiscal third quarter ending December.
The company, which makes mixed signal semiconductors, now sees revenue of $165 million to $170 million, down 15%-18% sequentially, with non-GAAP profits of 14-15 cents a share. Previous...
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The evidence mounts: conditions in the chip are even worse than the Street had anticipated.
Ergo, analysts continue to cut estimates. Yesterday, Friedman Billings Ramsey analyst Craig Berger made wholesale estimate and target reductions on the chip sector. Today, Citigroup’s Glen Yeung made a simila...
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Citigroup’s Glen Yeung this morning turned positive on the chip sector, asserting that the sector has reach the right point in the cycle to jump in for the next upturn.
Yeung uses the 1990-91 downturn as a model for the current period, and concludes that “the risk/reward has now become favorable” f...
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blogs.barrons.com
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Aug 26, 2008
about
IDTI
Integrated Device Technology (IDTI) shares are lower today after Oppenehimer’s Allan Mishan cut his rating on the stock to Perform from Outperform.
Mishan says that the “upcoming Intel server memory transition” will put pressure on the stock for several quarters “as investors weight the revenue impa...
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