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Technology Stocks : PMC-Sierra (PMCS)
PMCS 11.650.0%Jan 25 4:00 PM EST

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To: fellow who wrote (2631)8/5/1999 10:10:00 AM
From: Beltropolis Boy  Read Replies (2) of 3818
 
let's move on, shall we?

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ASSP = Application Specific Standard Product

here's one way of looking at it ...

electronic systems are generally comprised of three major types of digital integrated circuits (ICs): microprocessor, memory, and logic. microprocessors are used for control and computing tasks; memory devices are used to store program instructions and data; and logic devices are used to customize these processing and storage capabilities to a specific application.

unlike pure processing (computing) and memory (storage) functions, most logic functions must be custom designed for each application. they are customized in order to meet unique design requirements and to allow for differentiation of the particular end-product (i.e., provide advantages over the products of competitors). application specific standard products (ASSPs) are outstanding in this capacity because they provide rapid time-to-market advantages; however, they typically do not allow system designers to provide product differentiation. as a result, system designers also use application specific integrated circuits (ASICs), which provide the specific logic component required for a specific electronic system.

from PMCS's 10-k:

"Net revenues increased 27% in 1998 as the growth in networking product revenue exceeded the reduction of revenues from non-networking products. Networking product revenue grew 63% in 1998 and 36% in 1997 as a result of a strong market for our customers' broadband equipment due to the growth of the Internet and data communications in general [and] the move of many equipment manufacturers from custom integrated circuits to application specific standard products ..."

yes, edgar is definitely one of my most frequently hit stock-related websites.

after here, of course.

-chris.
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