Freescale is still burdened with their debt due to going private. I expect that they will continue to pay off the debt and eventually get above water. In the mean time, don't expect the finacial community to give them any credit.
With the refi charge out of the way, it sounds like the operating profit is growing nicely year over year, and that the net profit margin should widen in the year ahead due to lower borrowing costs. All in all, a pretty nice quarter, I would think. And automotive sounds good.
So why are shares down $1 today to $15.34? Perhaps nervousness about the sluggishness of results in the industrial market?
Blog Doing Math in FPGAs Tom Burke 2 comments For a recent project, I explored doing "real" (that is, non-integer) math on a Spartan 3 FPGA. FPGAs, by their nature, do integer math. That is, there's no floating-point ...