SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SWKS - Skyworks Solutions, Inc (was AHAA)
SWKS 69.08-0.7%Nov 10 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: w0z who wrote (1418)8/15/2002 3:38:53 PM
From: All Mtn Ski  Read Replies (1) of 1698
 
I think this may explain the movement, apparently the Street is finally catching on to what we've been discussing for months:

Skyworks (SWKS:Nasdaq) is up 18% today, to $4.17 per share.
Nice to see the stock finally break out a bit. Hearing some
chatter out there that component inventories are very low
right now, as retailers are building up inventories again
for wireless phones.

Credit Suisse First Boston doesn't cover the stock, but I
also saw a piece of research from their analysts today that
says they believe Skyworks will be the biggest beneficiary
of the trend from companies like Nokia (NOK:NYSE ADR) and
Motorola (MOT:NYSE) to outsource their production of
chipsets.

The wireless team at CSFB says the company has the best and
most complete product offering in the market, and backs
that up with a solid field support team. The analysts go so
far as to say Skyworks is going to really put the hurt to
Anadigics (ANAD:Nasdaq) and Triquint Semi (TQNT:Nasdaq) in
the near term.

This feedback confirms why I have been sticking with this
stock over the past few months. Skyworks had not been
participating in the Nasdaq recovery until now, but is
ready to take more market share and generate more revenue
from every new cell phone being sold.

The overhang of the company's financing issues also has
been lifted, and I think the stock continues to move into
the mid single-digits. It should get there by the end of
the year.

Regards,

James J. Cramer

messages.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News