Spansion Inc. Message Board

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Technology Stocks : Spansion Inc.

CY 23.82

0.0%

Apr 16 5:00 PM EST

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From: KeithDust2000	7/14/2008 1:58:36 PM
	Read Replies (1) of 4590

SPSN: Caris & Co Starts @ Buy; Sets Tgt @ $3.5; Analyst Notes Analyst Comments: The firm believes Spansion is turning the corner and the light that we see at the end of the tunnel is NOT a train coming. They recommend investors' with a higher risk/reward tolerance and longer-term horizon buy shares of Spansion given their expectations for: gross margin expansion, reduction in OpEx, successful ramp of SP-1, a return to revenue growth in the Wireless Division, and for the company to achieve positive free cash flow in Q4:08E. This rating information was reported by Caris & Company.

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