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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (1219)8/29/2006 6:41:40 AM
From: Taro  Respond to of 20435
 
Good luck. You need it!

Sure, at least 12 of us need that with S&P on top of our backs.

Taro



To: Elroy who wrote (1219)8/29/2006 11:09:15 AM
From: tejek  Read Replies (1) | Respond to of 20435
 
OmniVision

Briefing.com - August 29, 2006 9:31 AM ET
 

Jefferies & Co reiterates Hold. Target $24 to $16.5. Jefferies cuts their tgt on OVTI to $16.50 from $24 saying although OmniVision has regained some share and will likely benefit from robust demand for C.M.O.S sensors and a mix shift to higher A.S.P megapixel sensors in 2H:06, they remain neutral as we believe pricing pressure and the slow ramp of 2MP sensors will likely cause downward estimate revisions. Ahead of OVTI's earnings on August 31st the firm is lowering their ests for FY07 as they expect weak July results and Oct guidance below consensus.