Best managed semiconductor companies, 9/98...............................
ebtmag.com
All dolled up Cahners In-Stat Group bestows its Kachina Award each May on the two best managed semiconductor companies, operating with or without a wafer fab. PMC-Sierra snagged the award this year in the fabless category, based on a composite of 10 indices including: net income as a percent of sales, cost of sales as a percent of sales, R&D as a percent of sales, return on investment, inventory turnover, sales per employee, long-term debt to equity ratio, net operating profits as a percent of sales, quick ratio (current assets excluding stock, divided by current liabilities) and total equity to total assets. Here are this year's Top 10 rankings and their respective scores (the lower the score the higher the ranking). 1. PMC-Sierra Inc. 58 2. Adaptec Inc. 64 3. C-Cube Microsystems Inc. 65 4. Lattice Semiconductor 68 5. NeoMagic Corp. 76 6. Xilinx Inc. 78 7. Altera Corp. 83 8. SEEQ Technology Inc. 84 9. OPTI Inc. 91 10. Micro Linear Corp. 92 SOURCE: CAHNERS IN-STAT GROUP |