| Author | Message | ||
     Jfh Moderator Username: Jfh Post Number: 955 Registered: 10-2003 |
• Coverage initiated on Integrated Device by Kaufman Bros Briefing.com (Tue 6:39am) | ||
| Jfh Moderator Username: Jfh Post Number: 715 Registered: 10-2003 |
• Coverage initiated on Integrated Device by UBS Briefing.com (Tue 9:14am) | ||
| Jfh Moderator Username: Jfh Post Number: 349 Registered: 10-2003 |
IDTI is doing well : should I add to my position or sell ? | ||
| Jfh Moderator Username: Jfh Post Number: 302 Registered: 10-2003 |
Wed 8:37am IDTI Coverage initiated on Integrated Device by Friedman Billings - Briefing.com | ||
| Super Moderator Username: Super Post Number: 135 Registered: 10-2003 |
No problem, jfh. Bedtime for me now, I leave you in charge of the stok market. | ||
| Jfh Moderator Username: Jfh Post Number: 219 Registered: 10-2003 |
super thanks, you're the greatest ! (although some of the others think they are also if not more) And please present my respects to the kind, patient, admirable Mrs super | ||
| Super Moderator Username: Super Post Number: 134 Registered: 10-2003 |
jfh asked me to change the thread name from ICST to IDTI and I am doing so. Apparently IDTI (Integrated Device Technology) bought ICST(Integrated Circuit Systems, Inc.): http://biz.yahoo.com/me/200509.html ---------------------- Execution Date: Sep 16 Acquiring Company: INTEGRATED DEVICES (IDTI) Target Company: Integrated Circuit Systems, Inc. (ICST) For each Integrated Circuit systems common share, holders will receive $7.25 in cash and 1.30 shares of Integrated Device Technology common stock ---------------- | ||
| Jfh Moderator Username: Jfh Post Number: 218 Registered: 10-2003 |
IDTI up strongly after hours: "Integrated Device Technology (nasdaq: IDTI - news - people ) rose 7% in late trading, after the semiconductor firm posted second-quarter results above Wall Street expectations. IDT reported non-GAAP earnings of 9 cents per share on revenue of $105.7 million, compared with analysts' consensus forecast of 6 cents per share in earnings on revenue of $105 million. The company also said its board of directors approved a $25 million stock buyback. " | ||
| Jfh Moderator Username: Jfh Post Number: 215 Registered: 10-2003 |
Integrated Device Technology (NasdaqNM:IDTI - News) beat by 0.03 and expanded its stock buyback program. | ||
| Jfh Moderator Username: Jfh Post Number: 6 Registered: 10-2003 |
From Forbes: Integrated Device Technology (nasdaq: IDTI - news - people ) lowered sales guidance for the first quarter, the semiconductor company announced after the close of trading. IDT said it expects first-quarter sales of approximately $93.2 million to $94.2 million, compared with previous guidance of approximately $97.1 million to $100 million. The consensus forecast calls for sales of $100 million. The company cited "a combination of factors" for the shortfall, including "general weakness" in non-Enterprise end markets. The stock was seen down wider than 6% in after-hours trading. Standard & Poor's Equity Research reiterated a "hold" rating on IDT shares in June, after the company announced it will acquire rival Integrated Circuit Systems (nasdaq: ICST - news - people ) for approximately $1.7 billion. "We think the transaction would broaden IDT's end-market exposure, significantly strengthen its clocking business and enable more efficient use of IDT's plant capacity," it said. "One concern we have is that there is very little overlap in non-clocking areas, which could limit synergies." The research firm maintained a 12-month price target of $12. | ||
| Jfh Moderator Username: Jfh Post Number: 287 Registered: 10-2003 |
TheDeal.com Analysts ponder chip deal Friday June 17, 6:00 am ET By Olaf de Senerpont Domis Chipmaker Integrated Device Technology Inc.'s bid for rival Integrated Circuit Systems Inc. drew fire Thursday, June 16, with some analysts questioning the timing and price of the deal. Under terms of the transaction, which was unveiled late Wednesday, each Integrated Circuit share would be swapped for 1.3 Integrated Device shares and $7.25 in cash. The consideration values Integrated Circuit at about $1.7 billion, or $23.54 per share, a roughly 19% premium to the company's closing price Wednesday of $19.74. | ||
| Jfh Moderator Username: Jfh Post Number: 175 Registered: 10-2003 |
Mon 8:07am ICST Integrated Circuit upgraded by FTN Midwest - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 158 Registered: 10-2003 |
Thu 2:55pm ICST Integrated Circuit upgraded by AG Edwards - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 138 Registered: 10-2003 |
Wed 8:54am ICST Integrated Circuit upgraded by Pacific Growth Equities - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1587 Registered: 10-2003 |
Wed 10:03am ICST Coverage initiated on Integrated Circuit by AG Edwards - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1446 Registered: 10-2003 |
Tue 3:50pm ICST Integrated Circuit Systems, Inc. to Repurchase Shares - Business Wire | ||
| Jfh Moderator Username: Jfh Post Number: 1273 Registered: 10-2003 |
ICST guides lower: http://biz.yahoo.com/bw/040916/165671_1.html | ||
| Jfh Moderator Username: Jfh Post Number: 1146 Registered: 10-2003 |
Thu 6:46am ICST Integrated Circuit downgraded by JP Morgan - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1140 Registered: 10-2003 |
ICST reports, not bad at all, stock down anyway: "8:31AM Integrated Circuit beats by $0.07 (ICST) 23.57: Reports Q4 (Jun) earnings of $0.33 per share, $0.07 better than the Reuters Estimates consensus of $0.26; revenues rose 13.7% year/year to $69.5 mln vs the $69.3 mln consensus." | ||
| Jfh Moderator Username: Jfh Post Number: 984 Registered: 10-2003 |
comments from Forbes about MU, AMD and ICST: Micron Technology (nyse: MU - news - people ) will report fiscal third-quarter earnings. Analysts expect the semiconductor company to earn 9 cents per share compared with a loss of 36 cents a year ago. J.P. Morgan earlier this month said Micron and other PC component suppliers such as Advanced Micro Devices (nyse: AMD - news - people ) and Integrated Circuit Systems (nasdaq: ICST - news - people ) are "on track to meet our second-quarter revenue and EPS estimates." J.P. Morgan said its research indicates that PC component demand "appears to have stabilized during the second quarter, although there is some disappointment in the channel from a lack of upside due to the notebook inventory correction during the first quarter." Micron shares ended at $13.86, up 13 cents. (Message edited by jfh on June 22, 2004) | ||
| Jfh Moderator Username: Jfh Post Number: 674 Registered: 10-2003 |
good news from ICST, the stock iw up 4%: 8:28AM Integrated Circuit beats by a penny (ICST) 23.61: Reports Q3 (Mar) net earnings of $0.26 per share, $0.01 better than the Reuters Research consensus of $0.25; revenues rose 11.3% year/year to $67.8 mln vs the $68.4 mln consensus. | ||
| Jfh Moderator Username: Jfh Post Number: 652 Registered: 10-2003 |
(I own the stock). I don't understand this technical release at all, is it important ? http://biz.yahoo.com/bw/040419/196067_1.html |
