This has been a strange quarter for many tech stocks, as investors seem
relatively willing to give a pass to unimpressive guidance for the first
calendar quarter of 2013. That's fortunate for Microsemi (MSCC)
shareholders, as this company not only posted a small miss and weak
bookings for its quarter, but offered weak guidance for the next.
Microsemi can be a maddening and frustrating stock to own, but if
management stays on target with cost reductions and new product
introductions, the long-term rewards could be well worth some white
knuckles in the meantime.
Please read the full article here:
Microsemi Gets A Pass On A Tough Quarter And Lousy Guidance
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