3SOF

 MSPD: WR Hambrecht Cuts to Hold from Buy; Analyst Notes
Tuesday , April 25, 2006 09:23 ET
Issuer: Mindspeed Technologies, Inc. (NasdaqNM: MSPD)
Analyst Firm:  WR Hambrecht
Ratings Action: DOWNGRADE

Current Rating: Hold (from Buy)
Analyst Comments: MSPD has reported disappointing CQ1 EPS of a loss of (4c) vs. the firm's estimate and the Street of (2c) on revenue of $34.6M (4.2% Q/Q growth) vs. their estimate and the Street of $35M. The company provided a disappointing outlook of 2-5% revenue growth, below the firm's estimate of 6%. They are downgrading the stock for the following reasons: 1) in the near-term, they believe there is a lack of catalyst due to the disappointing revenue guidance; 2) while the inventory issue is related to one major customer, they recommend investors take a cautious approach until we see further visibility with regards to the channel; 3) despite that the back-end test and packaging issues are under control, they believe this could lead to limited upside revenue guidance in the H2 and 4) the stock is fairly close to previous $4.00 price target and with the reduced annual revenue estimates following the earning release, they believe the stock is fairly valued at these levels.

Quote from: Melf Elf on April 25, 2006, 06:36:15 AM
Thus, a "bull trap."

The H&S Top Target: 3.13 is back IN PLAY unless/until MSPD closes back above the neckline (3.74 - 3.75) of the H&S Top.

If MSPD can close above 4.01, the Bull Trap scenario is negated.

The Bull Trap in the Right Shoulder (explained in last post) was a tricky little devil, but The H&S Top Target: 3.13 MADE this afternoon. 

This is a big news. Looks like its going to break $2 today.

Huawei-3Com Selects Multiple Mindspeed(R) Transmission Devices for Network Router Series
Wednesday August 30, 1:29 pm ET 
Mindspeed Provides Complete Solution with HDLC, LIU and BAM Devices


NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aug. 30, 2006--Mindspeed Technologies, Inc. (NASDAQ:MSPD - News), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that Huawei-3Com has selected Mindspeed's high-level data link control (HDLC), broadband access multiplexer (BAM) and T3/E3 line interface unit (LIU) devices for use in the company's H3C AR series routers. Huawei-3Com is a joint venture between Huawei Investment and Holding Co., Ltd. and 3Com.
ADVERTISEMENT


"By providing Layer 1 and Layer 2 solutions with accompanying software, we are able to offer complete solutions for Huawei-3Coms channelized and unchannelized T3, T1, and OC-3 cards enabling accelerated time-to-market and reduced system costs," said Taqi Mohiuddin, director of product marketing for Mindspeed.

Mindspeed's highly integrated, 1,024 multi-channel HDLC controller used in conjunction with its high-density BAM and multi-port T3/E3 LIU devices enable Huawei-3Com to develop a high-density, software configurable datacom router.

Huawei-3Com's AR series routers are oriented to enterprise users, serving as convergence layer routers in large networks or core routers in medium-sized networks. The H3C AR series routers meet all requirements for network performance, service integration, high reliability, high security and tri-play solutions for rapid information development.

About Huawei-3Com

Huawei-3Com is a leading global supplier of IP networking products including routers, switches, security, voice/video, storage, wireless LANs and SOHO solutions. It aims to achieve worldwide IP networking market leadership through fast, responsive and customized product development to meet the exacting requirements of today's customers.

The company was created as a joint venture between Huawei Investment and Holding Co., Ltd. of China and 3Com of the United States. Headquartered in Hong Kong, with research and development centres in China (Beijing, Hangzhou and Shenzhen) and India (Bangalore), the company employs more than 4,500 people with more than half engaged in R&D. Additional information can be found at www.huawei-3com.com.

About Mindspeed Technologies®

Mindspeed Technologies, Inc. designs, develops and sells semiconductor networking solutions for communications applications in enterprise, access, metropolitan and wide area networks.

The company's three key product families include high-performance analog transmission and switching solutions, multiservice access products designed to support voice and data services across wireline and wireless networks, and WAN communications solutions including T/E carrier physical-layer and link-layer devices, as well as ATM/MPLS network processors.

Mindspeed's products are used in a wide variety of network infrastructure equipment including voice and media gateways, high-speed routers, switches, access multiplexers, cross-connect systems, add-drop multiplexers and digital loop carrier equipment.

To learn more, visit us at www.mindspeed.com.

Safe Harbor Statement

This press release contains statements relating to Mindspeed, and our future results, including certain projections and business trends, that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results, and actual events that occur, may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: market demand for our new and existing products and our ability to increase our revenues; our ability to maintain operating expenses within anticipated levels; our ability to reduce our cash consumption; availability and terms of capital needed for our business; constraints in the supply of wafers and other product components from our third-party manufacturers; the ability to attract and retain qualified personnel; successful development and introduction of new products; obtaining design wins and developing revenues from them; pricing pressures and other competitive factors; order and shipment uncertainty; fluctuations in manufacturing yields; product defects; and intellectual property infringement claims by others and the ability to protect our intellectual property, as well as other risks and uncertainties, including those detailed from time to time in our Securities and Exchange Commission filings.

In today 

MSPD looks like it could be ready to break out of its base here.  2 month flag formation after the initial move up from the lows.  Look for the break of 1.85 today....  If it does it should easily run to 2.00.  Will it get some volume???

Lets see....

Quote from: ScottishTrader on October 16, 2006, 07:02:58 AM
MSPD looks like it could be ready to break out of its base here.  2 month flag formation after the initial move up from the lows.  Look for the break of 1.85 today....  If it does it should easily run to 2.00.  Will it get some volume???

Lets see....

Hey ScottishTrader pushing2 mil volume, I called that some good stuff....
What you talking about another million or so ?
Applaud your update and chart work.....keep err coming scottman....
I think it will get some volume...JMHO....of course !

Indeed Setravis, I suppose I shoud be happy with that kinda volume, just as long as it continues

Things look to be lining up nicely for MSPD, with the break out from the descending channel, but got stopped on Monday just below 2.00.  Actually I thought MSPD held up pretty well yesterday in spite of the general market sell off and I like the look of this setup and since I didn't buy on Monday, I took yesterday's small pullback as an opportunity to open a position.

Obviously, 2.00 is immediate resistance, and it may need a bit of power to break through there, but I like how both the 50SMA and 13EMA are turning up, and the BBs are widening with price pushing outside the envelope - often suggestive of the beginning of a powerful move.  I am looking for a short term target (1 week) of next resistance at 2.25, provided it breaks above 2.00.  Stop (mental) will be a close below 1.80, which would have represented a much nicer risk/reward had I bough Monday, but I can live with it for now.

Good trading!

"MSPD" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.        
All history on a stock pick in 1 thread is awesome.       

Thank You....and good luck with all your trades....make some $$$


I will leave you the chart while I am in this thread.....

MSPD, Mindspeed (NAS), trading above 2, has broken out of a 5 month base. The volume is not impressive, though the MACD has been indicating an impending rally.

However, keep in mind that the company is not growing its top line, it is still losing a great deal of money and it is knee-deep in debt. I bring it up for those who are more risk-tolerant than me.

In the interest of full disclosure, I decided not to play the breakout, for the reasons stated above. I don't know how far it can move but I didn't think it was worth rolling the dice.

What I WAS buying until yesterday (now it's 10c higher) was GRSR (The Dutch Girasolar, soon moving to the BB from the pinks), one of the most intriguing solar micro plays out there.

The BB King

Please use the 'Search' before opening new threads, there are already 3 topics on MSPD!


http://www.3stocksonfire.org/trading/index.php?topic=7667.0
http://www.3stocksonfire.org/trading/index.php?topic=5112.0
http://www.3stocksonfire.org/trading/index.php?topic=2302.0

I will, no problem. I'm new to the site.

Got your attention, though, right?

The BB King

TheBBKing ,
The topic you started on MSPD has been merged with this thread.
Welcome aboard and good luck with all your trades. 

After a nice 6 month base building period, MSPD broke out to a short term high and retested the 200ma today.  If it holds this level, we could see a nice move up.

MSPD $0.6 will be a big gainer next week . It will report record earnings AH tomorrow 4/21 AH

The recent pre-announcement below lifted the stock 25%. The stock is back down to prior pre-announcement levels. I expect an even larger and more sustained increase when the official numbers are announced on 4/21/2008.

The $36.2M that will be reported next week will be 16% higher than the same quarter last year and the bottom line significantly better with non-GAAP profitability and positive cash flow. Guidance is expected to be strong because of the several contracts recently won by the company. Ironically, the stock is a lot stronger than at this time last year when it was trading above $2.

The average analysts' target price is $2.04

Here is the April 8, pre-announcement:

Mindspeed(R) Delivers Record Revenues in Its Fiscal 2008 Second Quarter; At High End of Guidance Range
Tuesday April 8, 8:30 am ET

Revenues Increased Approximately 3 Percent Sequentially to $36.2 Million Driven Primarily by Record Shipments of Multiservice Access Processors for Voice-over-IP (VoIP)

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Mindspeed Technologies, Inc. (NASDAQ:MSPD - News), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that fiscal 2008 second quarter revenues increased approximately 3 percent sequentially to a record $36.2 million, at the high end of the guidance range of $34.2 million to $36.4 million it provided on January 28, 2008. The revenue growth was driven primarily by record revenues from the company's multiservice access processors for VoIP.

In its fiscal 2008 second quarter the company delivered positive non-GAAP operating income and positive non-GAAP cash flow consistent with its prior guidance.


About Mindspeed Technologies®

Mindspeed Technologies, Inc. designs, develops and sells semiconductor networking solutions for communications applications in enterprise, access, metropolitan and wide-area networks.

The company's three key product families include high-performance analog transmission and switching solutions, multiservice access voice-over-IP processors designed to support voice and data services across wireline and wireless networks and WAN communication products such as T/E carrier transmission devices and ATM/MPLS network processors.

The recent pre-announcement below lifted the stock 25%. The stock is back down to prior pre-announcement levels. I expect an even larger and more sustained increase when the official numbers are announced on 4/21/2008.

The $36.2M that will be reported next week will be 16% higher than the same quarter last year and the bottom line significantly better with non-GAAP profitability and positive cash flow. Guidance is expected to be strong because of the several contracts recently won by the company. Ironically, the stock is a lot stronger than at this time last year when it was trading above $2.

The average analysts' target price is $2.04

Here is the April 8, pre-announcement:

Mindspeed(R) Delivers Record Revenues in Its Fiscal 2008 Second Quarter; At High End of Guidance Range

Tuesday April 8, 8:30 am ET

Revenues Increased Approximately 3 Percent Sequentially to $36.2 Million Driven Primarily by Record Shipments of Multiservice Access Processors for Voice-over-IP (VoIP)

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Mindspeed Technologies, Inc. (NASDAQ:MSPD - News), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that fiscal 2008 second quarter revenues increased approximately 3 percent sequentially to a record $36.2 million, at the high end of the guidance range of $34.2 million to $36.4 million it provided on January 28, 2008. The revenue growth was driven primarily by record revenues from the company's multiservice access processors for VoIP.

In its fiscal 2008 second quarter the company delivered positive non-GAAP operating income and positive non-GAAP cash flow consistent with its prior guidance.


About Mindspeed Technologies®

Mindspeed Technologies, Inc. designs, develops and sells semiconductor networking solutions for communications applications in enterprise, access, metropolitan and wide-area networks.

The company's three key product families include high-performance analog transmission and switching solutions, multiservice access voice-over-IP processors designed to support voice and data services across wireline and wireless networks and WAN communication products such as T/E carrier transmission devices and ATM/MPLS network processors.