3SOF

Awesome!  Still holding the stock.  Do you think this would be a good stock to hold through earnings next month?  I don't normally like to hold stocks through earnings, but if they meet their expectations, it should go higher afterwards.

Jeff

sounds good IMO, but I´m not holding this stock any more.
good luck if you will decide to hold until earnings 

This stock hit 2.38 today already, much higher than I expected this soon.  I will probably sell before earnings, because I expect the stock to run to the mid 2's, perhaps nearing $3 before earnings, then fall back to where it is now right after earnings.

Anyone else agree with that, or am I missing something?

Thanks,
Jeff

Heavy institutional buying in previous quarter.  Looks like supply is drying up and demand for the stock increasing, as news comes out about the success of it's Comcerto(TM) Processors.

http://www.quote.com/qc/research/topholders.aspx?symbols=NASDAQ:MSPD

Name of holder                           Transaction type Transaction date   Shares now held
FIDELITY MANAGEMENT & RESEARCH    bought    570,037   30 Jun 2005     12,703,113
KOPP INVESTMENT ADVR                     bought 1,554,473   30 Jun 2005       6,031,031
BROOKSIDE CAP INVESTORS, L.P.          bought 1,468,800   30 Jun 2005       5,156,800
FRONTIER CAPITAL MGMT CO, LLC         bought    550,600   30 Jun 2005       4,890,000

Fund name Transaction type Transaction date Shares now held by holder
FIDELITY SEL ELECTRONICS PORT       bought 1,804,200 31 May 2005 4,904,200
FIDELITY SEL DEVEL COMMUNS                sold 1,014,094 31 May 2005 3,800,005
FIDELITY ADVR TECHNOLOGY FUND     bought 982,600 30 Apr 2005 2,272,400
FIDELITY SEL TECHNOLOGY PORT        bought 777,400 31 May 2005 2,250,000

poorman1

Mindspeed(R) and Teleca Announce VoIP Gateway Modules for Enterprise PBX Systems Integrating Comcerto(TM) Processors
http://biz.yahoo.com/bw/050915/155259.html?.v=1

Nice move today, It bounced off of 9-day EMA and that was also a the 200-day EMA so nice support and now back up to recent high so maybe another break out

Let's hope so!  I'm still holding this stock, but was tempted to sell it a couple times earlier this week.  I'm glad I didn't!  My emotions told me to sell, but the charts and indicators told me to hold, so I did.  I'm trying to break the bad habit of trading on emotions, but rather on charts and technicals.  Emotions will get you every time.

Jeff

I'm out at 2.27 today.  Stock is acting a little bearish.  High volume, down 8% on no news.  Looks like someone knows something, but I can't be sure of that.  But I enjoyed the run from 1.52.  No one ever got hurt taking a profit!

Jeff

October 24, 2005 16:30:01 (ET)


NEWPORT BEACH, Calif., Oct 24, 2005 (BUSINESS WIRE) -- Mindspeed Technologies Inc. (MSPD, Trade), a leading supplier of semiconductor solutions for network infrastructure applications, today announced revenues of $31.1 million for the fourth quarter of fiscal 2005, which ended Sept. 30, 2005, up 12 percent over the $27.7 million reported in the third quarter of fiscal 2005, achieving the high end of its revised expectations of approximately 8-to-12 percent sequential quarterly revenue growth.

Revenues from multiservice access voice-over-IP (VoIP) solutions declined 1 percent sequentially over the prior quarter, contributing 28 percent of total fourth quarter revenues. Revenues from high-performance analog devices grew 3 percent sequentially and represented 23 percent of total quarterly revenues. Revenues from WAN communications products, including T/E carrier transmission devices and ATM/MPLS network processor solutions, increased 27 percent sequentially to 49 percent of total quarterly revenues.

"We are very pleased to have achieved the high end of our revenue expectations in the fourth fiscal quarter of 2005," said Raouf Halim, Mindspeed's chief executive officer. "Most important, we made significant progress on our path to profitability, reducing our pro forma operating loss by 44 percent to $4.5 million. Our book-to-bill ratio improved over the prior quarter and conditions continued to strengthen worldwide for our end markets."

Gross margin for the fourth quarter of fiscal 2005 was $21.9 million, or 70 percent of revenues. Mindspeed's pro forma operating loss for the fourth quarter of fiscal 2005 was $4.5 million, a reduction of 44 percent from the pro forma operating loss of $8 million reported in the third quarter of fiscal 2005. Presented on a GAAP basis, Mindspeed's operating loss for the fourth quarter was $4.6 million, as compared to $8.7 million in the prior quarter.

Mindspeed's pro forma net loss for the fourth quarter of fiscal 2005 was $4.1 million, or $0.04 per share, based on approximately 103.2 million average shares outstanding, compared to the pro forma net loss of $8.8 million, or $0.09 per share, in the prior quarter based on approximately 102.7 million average shares outstanding. Presented on a GAAP basis, the net loss for the fourth quarter of fiscal 2005 was $4.3 million, or $0.04 per share, compared to $9.5 million, or $0.09 per share in the prior quarter. Combined cash and marketable securities totaled $56.3 million at Sept. 30, 2005.

As described below, the pro forma results, which are a supplement to financial results based on generally accepted accounting principles (GAAP), exclude amortization of intangible assets and special items. Mindspeed uses pro forma information to evaluate its operating performance and believes this presentation provides investors with additional insight into underlying operating results by excluding amortization of intangible assets and the effects of special items which include restructuring charges, asset impairments and other significant discrete items that may not be indicative of Mindspeed's core operating results. Cash consumption is the net increase (decrease) in cash and cash equivalents excluding the sale of convertible senior notes, deferred financing costs and purchases and sales of marketable securities. These measures provide an operating perspective not immediately apparent from GAAP operating loss or net loss. In addition, Mindspeed has historically reported similar financial measures and believes that the inclusion of comparative numbers provides consistency in its financial reporting. These measures of earnings and cash flows are not in accordance with, or an alternative for, GAAP and may be different from pro forma measures used by other companies. A reconciliation of the pro forma and GAAP results is included in the accompanying financial data.

Outlook

"Looking ahead to our current first quarter of fiscal 2006, we believe that our voice-over-IP and high-performance analog businesses are both poised to drive our growth this quarter. In fact, our current backlog for these businesses is significantly higher than what it was at this point in the fourth quarter," Halim said.

Mindspeed expects first-quarter fiscal 2006 revenues to be up approximately 5-to-8 percent sequentially. The company expects overall gross margin to be approximately 69 percent and expects quarterly pro forma operating expenses to be approximately $26 million. As a result, Mindspeed expects its fiscal 2006 first quarter pro forma operating loss to be approximately $3 million, an improvement of 30 percent sequentially over the fourth quarter of fiscal 2005, and to reduce its cash consumption.

October 24, 2005 16:30:01 (ET)


NEWPORT BEACH, Calif., Oct 24, 2005 (BUSINESS WIRE) -- Mindspeed Technologies Inc. (MSPD, Trade), a leading supplier of semiconductor solutions for network infrastructure applications, today announced revenues of $31.1 million for the fourth quarter of fiscal 2005, which ended Sept. 30, 2005, up 12 percent over the $27.7 million reported in the third quarter of fiscal 2005, achieving the high end of its revised expectations of approximately 8-to-12 percent sequential quarterly revenue growth.

Revenues from multiservice access voice-over-IP (VoIP) solutions declined 1 percent sequentially over the prior quarter, contributing 28 percent of total fourth quarter revenues. Revenues from high-performance analog devices grew 3 percent sequentially and represented 23 percent of total quarterly revenues. Revenues from WAN communications products, including T/E carrier transmission devices and ATM/MPLS network processor solutions, increased 27 percent sequentially to 49 percent of total quarterly revenues.

"We are very pleased to have achieved the high end of our revenue expectations in the fourth fiscal quarter of 2005," said Raouf Halim, Mindspeed's chief executive officer. "Most important, we made significant progress on our path to profitability, reducing our pro forma operating loss by 44 percent to $4.5 million. Our book-to-bill ratio improved over the prior quarter and conditions continued to strengthen worldwide for our end markets."

Gross margin for the fourth quarter of fiscal 2005 was $21.9 million, or 70 percent of revenues. Mindspeed's pro forma operating loss for the fourth quarter of fiscal 2005 was $4.5 million, a reduction of 44 percent from the pro forma operating loss of $8 million reported in the third quarter of fiscal 2005. Presented on a GAAP basis, Mindspeed's operating loss for the fourth quarter was $4.6 million, as compared to $8.7 million in the prior quarter.

Mindspeed's pro forma net loss for the fourth quarter of fiscal 2005 was $4.1 million, or $0.04 per share, based on approximately 103.2 million average shares outstanding, compared to the pro forma net loss of $8.8 million, or $0.09 per share, in the prior quarter based on approximately 102.7 million average shares outstanding. Presented on a GAAP basis, the net loss for the fourth quarter of fiscal 2005 was $4.3 million, or $0.04 per share, compared to $9.5 million, or $0.09 per share in the prior quarter. Combined cash and marketable securities totaled $56.3 million at Sept. 30, 2005.

As described below, the pro forma results, which are a supplement to financial results based on generally accepted accounting principles (GAAP), exclude amortization of intangible assets and special items. Mindspeed uses pro forma information to evaluate its operating performance and believes this presentation provides investors with additional insight into underlying operating results by excluding amortization of intangible assets and the effects of special items which include restructuring charges, asset impairments and other significant discrete items that may not be indicative of Mindspeed's core operating results. Cash consumption is the net increase (decrease) in cash and cash equivalents excluding the sale of convertible senior notes, deferred financing costs and purchases and sales of marketable securities. These measures provide an operating perspective not immediately apparent from GAAP operating loss or net loss. In addition, Mindspeed has historically reported similar financial measures and believes that the inclusion of comparative numbers provides consistency in its financial reporting. These measures of earnings and cash flows are not in accordance with, or an alternative for, GAAP and may be different from pro forma measures used by other companies. A reconciliation of the pro forma and GAAP results is included in the accompanying financial data.

Outlook

"Looking ahead to our current first quarter of fiscal 2006, we believe that our voice-over-IP and high-performance analog businesses are both poised to drive our growth this quarter. In fact, our current backlog for these businesses is significantly higher than what it was at this point in the fourth quarter," Halim said.

Mindspeed expects first-quarter fiscal 2006 revenues to be up approximately 5-to-8 percent sequentially. The company expects overall gross margin to be approximately 69 percent and expects quarterly pro forma operating expenses to be approximately $26 million. As a result, Mindspeed expects its fiscal 2006 first quarter pro forma operating loss to be approximately $3 million, an improvement of 30 percent sequentially over the fourth quarter of fiscal 2005, and to reduce its cash consumption.

I think we could see good things from MSPD tomorrow.

Has reversed the last little pullback and looks ready to rip - I'll be very interested to see what happens tomorrow 

Hi,

time to buy
Buy at 1.990
target at 2.500
stop at 1.730

news :
NEWPORT BEACH, Calif., Oct 24, 2005 (BUSINESS WIRE) -- Mindspeed Technologies Inc. (MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced revenues of $31.1 million for the fourth quarter of fiscal 2005, which ended Sept. 30, 2005, up 12 percent over the $27.7 million reported in the third quarter of fiscal 2005, achieving the high end of its revised expectations of approximately 8-to-12 percent sequential quarterly revenue growth. ...

NEWPORT BEACH, Calif., Nov 02, 2005 (BUSINESS WIRE) -- Mindspeed Technologies Inc. (MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that company representatives will be presenting at the Pacific Growth Equities Top Picks in Tech Conference. ...

NEWPORT BEACH, Calif., Nov 14, 2005 (BUSINESS WIRE) -- Mindspeed Technologies Inc. (MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, and Jungo Ltd., a leading provider of small office/home office (SOHO) and server message block (SMB) gateway software platforms, today announced that the two companies have integrated Jungo's OpenSMB application running on Mindspeed's Comcerto 800 voice and data processor. Mindspeed and Jungo have teamed together to allow original equipment manufacturers (OEMs) to simplify development cycles and accelerate time-to-market for IP-PBX and VPN router equipment. ...

Semiconductor stocks are going up....   

--- MSPD about to confirmed the CUP with HANDLE
--- Need to break 2.47 for confirmation
--- Volume.. over twice the average volume from yesterday session

Cup with Handle is kicking in...broke the minor resistance @ 2.47 ......(High of the day @ 2.53) .... lets see what she got in the following sessions

its up nice today getting close to the year high. do you think it has much more up side? i bought it at 2.40. thank you terlisa