To the extent that a bullish position on Lattice Semiconductor (LSCC)
is controversial, at least beyond valuation arguments, it is
controversial primarily because Lattice used to be a poorly-run,
scattered, low-value-add chipmaker. I’ve written multiple articles
on how Lattice has changed (new management, new plan, new priorities,
et al), but the company made its own case recently with an Analyst Day
that highlighted what’s new and different about Lattice today.
For
those who’ve been following the story closely over the last year or so,
this Analyst Day was more evolutionary than revolutionary, but
management nevertheless provided some interesting detail, particularly
with respect to content opportunities, a new design philosophy, and the
near-to-medium-term financial model. It wasn’t a home run presentation
(there was some disappointment on the operating margin target), but it
was a positive in my view and this is still a stock that interests me at
the right price.
Continue here:
Lattice's Investor Day Highlights The Separation From The Company's Past
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