Opinions wanted on Microsemi MSCC - Current price 23.11 - September low of 22.11 (Float 24.1 million) was nearly matched today when the stock hit 22.61. The stock was 39 on December 6 after reporting good earnings and receiving good analysts reports:
Yahoo MSCC Historical Pricing
chart.yahoo.com
MSCC Quote and News
finance.yahoo.com
Hoover's MSCC Stock Capsule
Microsemi helps keep power in check. The company makes power management semiconductors for an array of military, aerospace, communications, consumer, and medical applications. Its high-performance products go into missile systems, jet engines, and oil field equipment. Microsemi also makes devices for heart pacemakers, computer systems, and cellular phones. Power management semiconductors regulate and condition electricity to make it more usable by electrical and electronic systems. The company makes both discrete components such as diodes and rectifiers, as well as integrated circuits (ICs) such as amplifiers and voltage regulators. Top customers include Motorola, Lucent, Boeing, and Raytheon.
Yahoo MSCC Stock Profile
biz.yahoo.com
Microsemi Corp. is a supplier of analog integrated circuits and power and signal discrete semiconductors serving the computer and peripherals, satellite, telecommunications, medical and military/aerospace markets. For the fiscal year ended 9/30/01, sales fell 2% to $243.4 million. Net income rose from $8.2 million to $17.3 million. Revenues reflect reduced sales to the low-end PC and mobile telephone markets. Earnings benefitted from the absence of $2.5 million in acquired R&D costs.
WSRN MSCC Fundamental Statistics
wsrn.com
StockCharts.com MSCC 6 Month Chart
stockcharts.com[h,a]daclyyay[pb50!b200!d20,2][vc60][iUb14!La12,26,9!Lk14]
My Conclusions
MSCC has fallen at an alarming rate on low volume for no known reason I can find since early December. Just as stocks fall quickly MSCC could also rise handily when earnings are reported on January 24. Analysts expect the company to earn 17 cents for the current quarter and 1.12 for all of next year. This looks like a stock that deserves some of our attention and further discussion as a potential buy once we can be certain the stock has bottomed.
Thanks Cary for your kind words. The restraint you have shared when setting and sharing your own buy points has kept me from chasing stocks and is much appreciated by me.
RtS |
