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Technology Stocks : Benchmarq Micro(BMRQ) -- Ignore unavailable to you. Want to Upgrade?


To: Rex Dwyer who wrote (285)1/27/1998 11:05:00 AM
From: Greg Thornton  Respond to of 313
 
Rex (or anyone),

The report didn't look that bad! Any comments?

Did anyone notice that the stock dropped to $10 1/4 before 21000 shares had traded? Nice to know where the MMs heads are at!

Greg



To: Rex Dwyer who wrote (285)1/27/1998 11:14:00 AM
From: slob  Read Replies (1) | Respond to of 313
 
Rex, looks like BMRQ caught the NV RAM flu!

I've been keeping the powder dry until earnings came out, seems like the right decision. Looking at margins it seems that BMRQ has all but pulled out of the NVRAM market XICO posted ugly results and ATML's were no better. So I can only assume that BMRQ has chosen to take a revenue cut rather than report sinking margins by chasing the NVRAM business. I still like what I see so I'll do some buying at $10.

Slob