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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Suresh who wrote (27390)7/20/2000 11:21:51 AM
From: xcr600  Respond to of 68215
 
From Briefing--

10:50 ET Kopin (KOPN) 23 5/8 -10 (-29.8%): CIBC lowering Q3 estimate from $0.07 to $0.05 and Q4 from $0.09 to $0.07, citing Conexant (CNXT) weakness; says that CNXT missed its wireless division revenue goals for the qtr and that company is Kopin's largest customer



To: Suresh who wrote (27390)7/20/2000 12:54:26 PM
From: Johnny Canuck  Read Replies (2) | Respond to of 68215
 
Suresh,

It has been a strnage stock to track. The trading pattern was always eratic. I wont get a chance to hear the CNXT call till later tonight. It will interesting to see how bad the decrease in demand is. I can't remember the guidance for the ramp of the display product. I don't think it was enough to offset a slow down in their HBT side if there biggest customer missed.