Embedded Systems Conference
Breaking News
Comments
Newest First | Oldest First | Threaded View
pmcw
User Rank
Author
re: Eight reasons why IC downgrade was baseless
pmcw   11/26/2009 3:05:16 AM
NO RATINGS
Stock performance is always the absolute measure. However, in this case, the claim is excess inventory will cause under-performance. If you read my full article on the subject, which includes data from tech companies that will report aggregate revenue this year of about $650B, you'll see my position is well documented. It was the BoA analyst that offered literally no substantiation for his claim. Personally, I think for one to be right he or she must nail both cause and affect - less than that is a lucky guess. Regards, Paul

rkeist
User Rank
Author
re: Eight reasons why IC downgrade was baseless
rkeist   11/25/2009 5:30:27 PM
NO RATINGS
so....let's check back on this thread in 3,6,9,12 months and see who called it right. We will look at the performance of the big 3 (SNPS,MENT,CDNS) on an absolute level as well as a relative level against the S&P 500. Start date is 11/23 or the date of Sumit's report if it is known. This is to answer the question of which analyst is best at their job of predicting the future: 1. Sumit of BoA -predicts these stocks will not outperform. 2. Paul of NITR - predicts that Sumit is wrong. 3. Craig of FBR - ditto. I'm betting on Sumit but only based on the weakness and vagueness of the list of arguments presented in this article. I've not read Sumit's original remarks on why he downgraded. Paul says "The sky is not falling" -- Sumit merely moved his recommendation from buy to neutral. Craig is here committing the "Straw Man fallacy (Fallacy Of Extension): attacking an exaggerated or caricatured version of your opponent's position." His arguments here are similarly weak and meaningless, non-specific and hard to follow.

GeniusEE
User Rank
Author
re: Eight reasons why IC downgrade was baseless
GeniusEE   11/24/2009 12:57:47 AM
NO RATINGS
You can't always "buy". The market has rallied significantly since March and has anticipated and factored 1Q 2010 in already. The double booking is a bunch of hogwash. Leadtimes, if anything, have tempered a full recovery of semis to almost mediocre rates, with some leadtimes now being as long as 26 weeks. Nobody is flush with cash enough, or has a credit line anymore, to buy double of anything and distributors are not doing their jobs to low pass filter customer demand. It'll be a sluggish plod upwards because we're all afraid to boom again.



Radio
NEXT UPCOMING BROADCAST
In conjunction with unveiling of EE Times’ Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. One of Silicon Valley's great contributions to the world has been the demonstration of how the application of entrepreneurship and venture capital to electronics and semiconductor hardware can create wealth with developments in semiconductors, displays, design automation, MEMS and across the breadth of hardware developments. But in recent years concerns have been raised that traditional venture capital has turned its back on hardware-related startups in favor of software and Internet applications and services. Panelists from incubators join Peter Clarke in debate.
Flash Poll
Top Comments of the Week
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
Special Video Section
Chwan-Jye Foo (C.J Foo), product marketing manager for ...
The LT®3752/LT3752-1 are current mode PWM controllers ...
LED lighting is an important feature in today’s and future ...
Active balancing of series connected battery stacks exists ...
After a four-year absence, Infineon returns to Mobile World ...
A laptop’s 65-watt adapter can be made 6 times smaller and ...
An industry network should have device and data security at ...
The LTC2975 is a four-channel PMBus Power System Manager ...
In this video, a new high speed CMOS output comparator ...
The LT8640 is a 42V, 5A synchronous step-down regulator ...
The LTC2000 high-speed DAC has low noise and excellent ...
How do you protect the load and ensure output continues to ...
General-purpose DACs have applications in instrumentation, ...
Linear Technology demonstrates its latest measurement ...
10:29
Demos from Maxim Integrated at Electronica 2014 show ...
Bosch CEO Stefan Finkbeiner shows off latest combo and ...
STMicroelectronics demoed this simple gesture control ...
Keysight shows you what signals lurk in real-time at 510MHz ...
TE Connectivity's clear-plastic, full-size model car shows ...
Why culture makes Linear Tech a winner.