ONNN - Sector: Technology --- Industry: Semiconductors

[setravis]

Berger's forecast for profit from the combined company next year is 73 cents a share, ahead of estimates of 71 cents (though his estimate this year, 55 cents, is below consensus 59 cents). Berger sees the stock going to $13 over the next 12 months, almost 30% upside.

52wk Range: 5.12 - 10.88
Volume: 5,255,731
Avg Vol (3m): 9,380,110

Technicals
Last Price Quote is:
5.85%above 13-day MA
9.43%above 50-day MA
RS Rating: 93 

Fundamentals
Earnings Expected on Apr 26

Key Data:
Market Cap (M): $2,922.00 
P/E Ratio: 12.48 
PEG Ratio: 0.605 
Next Earnings: 04/26/2007
Last Analyst Rating: Outperform

[setravis]

AP
ON Semiconductor 1Q Profit Up 34 Percent
Thursday April 26, 4:44 pm ET 
ON Semiconductor 1Q Profit Rises 34 Percent Despite Some Weakness in Consumer End Markets


PHOENIX (AP) -- ON Semiconductor Corp. said Thursday its first-quarter profit rose 34 percent despite weakness in consumer markets, as both product and manufacturing service revenue rose.
Quarterly earnings grew to $54 million, or 18 cents per share, from $40.4 million, or 12 cents per share, in the prior-year period. The number of shares outstanding fell to 300.6 million from 346 million. Revenue rose 12 percent to $374.2 million from $334 million.


Wall Street, on average, expected quarterly earnings of 18 cents per share on $373.3 million in revenue, according to a Thomson Financial analyst survey.

During the quarter, ON Semiconductor said its product revenue rose 4 percent to $347.8 million, while manufacturing service revenue jumped to $26.4 million from $1 million in the prior-year period.

President and Chief Executive Keith Jackson said in a statement that the inventory correction affecting the industry over the past two quarters is close to done, and he expects a strong second half in 2007.

Shares slipped a penny to close at $10.38 on the Nasdaq Stock Market.

[setravis]

bizjournals.com
ON Semiconductor raises bar on profits, sales
Friday April 27, 2:15 am ET


ON Semiconductor Corp. Thursday reported increased revenue and profits for the first quarter.
The Phoenix-based supplier posted $374 million in net revenue, up from $334 million a year ago. Net income totaled $54 million, or 18 cents a share, compared with $40.4 million, or 12 cents, in first-quarter 2006.

ON Semiconductor (NASDAQ: ONNN - News) supplies power solutions to engineers, purchasing professionals, distributors and contract manufacturers in the computer, cell phone, portable devices, automotive and industrial markets.

Published April 27, 2007 by The Business Journal

[setravis]

Rock ONNN ! 

Recent CandleStick Analysis
Very Bullish
Apr-27-2007 Bullish Engulfing 
Apr-23-2007 Bullish Engulfing 

Support @ $10.82...10.32...9.50
Resistance @ $12.88

52wk Range: 5.12 - 10.88
Volume: 22,597,077......
Avg Vol (3m): 9,614,760

Technicals
Record Price High.....
Most Actives
Record Price Break Out.....
Percentage Gainer
MACD is Bullish....
Stochastic is Bullish....

Last Price Quote is:
11.34%above 13-day MA
16.25%above 50-day MA
RS Rating: 95 

Fundamentals
Key Data:
Market Cap (M): $2,922.00 
P/E Ratio: 12.48 
PEG Ratio: 0.615 
Next Earnings: 07/26/2007
Last Analyst Rating: Outperform

[setravis]

BRIEF: For the fiscal year ended 31 December 2006, ON Semiconductor Corp.'s revenues rose 22% to $1.53B. Net income applic. to Common totaled $272.1M, up from $65.2M. Revenues reflect higher product sales and increased revenues from manufacturing services. Net income also reflects an income from asset restructuring vs. an expense, decreased interest expenses, higher other income and an increase in interest income. http://www.onsemi.com


5 More Stocks Under Attack
by the short sellers......
              Shares Short -- April             Shares Short -- March               
ONNN           32.8 million                              22.4 million

DNDN           33.9 million                              26.4 million

ORCL           46.4 million                              40.6 million

INTC            69.2 million                              62.7 million

UAUA           12.1 million                              6.2 million

this isn't a list of stocks to buy...or short! Maybe these stocks have some serious problems that warrant the high short interest. Maybe not. What do you think? Will they be squeezed?


52wk Range: 5.12 - 11.75
Volume: 12,064,397
Avg Vol (3m): 9,327,410

Technicals
Most Actives

Last Price Quote is:
6.07%above 13-day MA
12.36%above 50-day MA
RS Rating: 92 

Fundamentals
Key Data:
Market Cap (M): $3,257.70 
P/E Ratio: 13.92 
PEG Ratio: 0.645 
Next Earnings: 07/26/2007
Last Analyst Rating: Outperform

[setravis]

Trending Up.......
MACD Bullish...above and bouncing off the centerline.

[setravis]

• ON Semiconductor Corporation Earnings Call scheduled for Tue, July 31

MACD staying well above centerline,
Stochastic is Bullish
Support @ $11.51
Resistance @ $11.75


52wk Range: 5.12 - 11.75
Volume: 7,675,472
Avg Vol (3m): 7,318,630

Technicals
Record Price High

Last Price Quote is:
5.42%above 13-day MA
8.41%above 50-day MA
RS Rating: 88 

Fundamentals
Key Data:
Market Cap (M): $3,333.80 
P/E Ratio: 13.18 
PEG Ratio: 0.685 
Next Earnings: 07/31/2007
Last Analyst Rating: Outperform

[setravis]

Press Release Source: ON Semiconductor


ON Semiconductor to Announce Second-Quarter Financial Results
Monday July 9, 4:30 pm ET 
Company Provides Conference-Call Details


PHOENIX--(BUSINESS WIRE)--ON Semiconductor Corporation (Nasdaq: ONNN - News) plans to announce its financial results for the second quarter ending Jun. 29, 2007 and other related material information, before the market opens on Tuesday, July 31, 2007.
The company will host a conference call at 8:00 a.m. Eastern Time (EDT) following the release of its financial results. Investors and interested parties can access the conference call in the following manner:

Through a webcast of the conference call via the Investors section of the company's website at http://www.onsemi.com. The re-broadcast of the call will be available at this site approximately one hour following the live broadcast and will continue for approximately thirty days.
Through a telephone call by dialing (703) 639-1369. The company will provide a dial-in replay approximately one hour following the live broadcast that will continue through Aug. 7. The dial-in replay number is (703) 925-2533 and the access code is 1111490.
About ON Semiconductor

With its global logistics network and strong portfolio of power semiconductor devices, ON Semiconductor (Nasdaq: ONNN - News) is a preferred supplier of power solutions to engineers, purchasing professionals, distributors and contract manufacturers in the power supply, computer, consumer, portable/wireless, automotive and industrial markets. For more information, please visit ON Semiconductor's website at http://www.onsemi.com.

ON Semiconductor and the ON Semiconductor logo are registered trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the company references its website in this news release, such information on the website is not to be incorporated herein.

Contact:
ON Semiconductor, Phoenix
Anne Spitza, 602-244-6398 (Marketing Communications)
[email protected]
Ken Rizvi, 602-244-3437 (Investor Relations)
[email protected]

--------------------------------------------------------------------------------
Source: ON Semiconductor

[bjc]

Just another great stock I sold too early. 

I'm really glad I took my 10% profit at $8.24...ugh.

Nice one setravis.  Applaud.  This isn't the first time I've gotten rid of a stock you made a killing on...

[setravis]

Just another great stock I sold too early. 

I'm really glad I took my 10% profit at $8.24...ugh.

Nice one setravis.  Applaud.  This isn't the first time I've gotten rid of a stock you made a killing on...

bjc, You got to learn the art of Patience ! 
Let the chart do the talking my fellow trader...
Next stop $13 to $14

52wk Range: 5.75 - 11.90
Volume: 3,563,332
Avg Vol (3m): 6,744,290

Technicals
Record Price High
Stochastic is Bullish

Last Price Quote is:
4.98%above 13-day MA
8.95%above 50-day MA
RS Rating: 88 

Fundamentals
Key Data:
Market Cap (M): $3,462.47 
P/E Ratio: 13.69 
PEG Ratio: 0.725 
Next Earnings: 07/31/2007
Last Analyst Rating: Outperform
ON Semiconductor Corporation Earnings Call scheduled for Tue, July 31

[setravis]

Been so good to me...
Listen and the chart will talk to you...

52wk Range: 5.75 - 12.52
Volume: 5,540,284
Avg Vol (3m): 6,080,800
Market Cap: 3.54B
P/E (ttm): 13.90
EPS (ttm): 0.88

Technicals
Most Actives

Last Price Quote is:
6.28%above 13-day MA
8.42%above 50-day MA
RS Rating: 88 

Fundamentals
Key Data:
Market Cap (M): $3,213.70 
P/E Ratio: 12.57 
PEG Ratio: 0.69 
Next Earnings: 10/25/2007
Last Analyst Rating: Neutral

[setravis]

Been so good to me...
Listen and the chart will talk to you...

52wk Range: 5.75 - 12.52
Volume: 5,732,882
Avg Vol (3m): 5,731,180

Technicals
Last Price Quote is:
5.06%above 13-day MA
6.97%above 50-day MA
RS Rating: 90 

Fundamentals
Key Data:
Market Cap (M): $3,399.33 
P/E Ratio: 13.29 
PEG Ratio: 0.685 
Next Earnings: 10/25/2007
Last Analyst Rating: Neutral

[setravis]

Chip Sector Concerns are Overrated.......

CONCERNS ABOUT the personal-computer semiconductor sector are overblown.

In addition to general concerns over U.S. retail demand, the bear case on PC semiconductor stocks heading into third quarter earnings has centered on two main issues. First are the concerns about over-ordering stemming from a higher-than-normal delta [the ratio comparing the change in the price of the underlying asset to the corresponding change in the price of a derivative] between microprocessor (CPU) and PC unit shipment growth in the second quarter. Second are the weaker-than-seasonal fourth quarter unit forecasts from notebook original design manufactures (ODMs) ...


52wk Range: 5.79 - 13.15
Volume: 1,502,638
Avg Vol (3m): 6,012,600
Market Cap: 3.65B
P/E (ttm): 14.24
EPS (ttm): 0.88


Technicals
Close Below the 13-day MA

Last Price Quote is:
0.94%above 13-day MA
4.15%above 50-day MA
RS Rating: 83 

Fundamentals
Earnings Expected on Oct 30

Key Data:
Market Cap (M): $3,558.85 
P/E Ratio: 13.92 
PEG Ratio: 0.725 
Next Earnings: 10/30/2007
Last Analyst Rating: Buy

June quarter results slightly exceeded consensus estimates. Next quarter's revenue guidance is for 3-6% growth. Backlog represents over 90% of next quarter's revenue projection. The company has also begun to get significant revenue from its recent major purchase of LSI Logic's Gresham, Oregon wafer facility, which has the potential to be a solid revenue driver. Despite reports of muted success from Microsoft (MSFT) Vista, we feel the stock is under valued at these levels, and recommend Investors buy the shares.

[setravis]

On Semiconductor third-quarter income declines.......

NEW YORK (MarketWatch) -- On Semiconductor Corp. (ONNN:on semiconductor corp

4:00pm 10/29/2007

Said Tuesday that its third-quarter net income fell to $63.8 million, or 20 cents a share, from $76.8 million, or 23 cents a share, in the year-earlier period. Revenue declined to $402.9 million from $420.9 million. Analysts expected earnings of 22 cents a share on revenue of $398.8 million, according to Thomson Financial. On Semi estimated that fourth-quarter revenue will come in about flat to up 2% sequentially. Phoenix.-based On Semi makes audio and power management chips used in mobile phones, cars, and portable electronics.

[setravis]

Press Release Source: ON Semiconductor


ON Semiconductor Reports Third Quarter 2007 Results
Tuesday October 30, 7:30 am ET 
For the third quarter of 2007, highlights include: -- Total revenues at $402.9 million
-- Product revenues up over 7% sequentially to $381.1 million
-- Total gross margin up 30 basis points to 38.6%
-- Net Income of $63.8 million
-- EBITDA of $95.5 million
-- Cash and cash equivalents up over $71 million to $327.1 million


PHOENIX--(BUSINESS WIRE)--ON Semiconductor Corporation (NASDAQ: ONNN - News) today announced that total revenues in the third quarter of 2007 were $402.9 million, an increase of approximately 6 percent from the second quarter of 2007. Total revenues during the third quarter included approximately $381.1 million of product revenues and approximately $21.8 million of manufacturing services revenues. During the third quarter of 2007, the company reported net income of $63.8 million, or $0.20 per share on a fully diluted basis. Third quarter 2007 results include approximately $4.1 million associated with stock-based compensation expense and approximately $2.0 million, or $0.01 per fully diluted share, associated with restructuring, asset impairments and other. During the second quarter of 2007, the company reported net income of $63.3 million, or $0.21 per share on a fully diluted basis. Second quarter 2007 results included approximately $3.5 million associated with stock-based compensation expense.
ADVERTISEMENT


On a mix-adjusted basis, average selling prices in the third quarter of 2007 were down approximately two to three percent from the second quarter of 2007. The company's total gross margin in the third quarter was 38.6 percent, an increase of approximately 30 basis points as compared to the second quarter of 2007, primarily due to higher revenue which was partially offset by a $5 million reduction of internal inventories.

EBITDA for the third quarter of 2007 was $95.5 million and included approximately $2.0 million associated with restructuring, asset impairments and other. EBITDA for the second quarter of 2007 was $93.9 million. A reconciliation of this non-GAAP financial measure to the company's net income and net cash provided by operating activities prepared in accordance with U.S. GAAP is set forth in the attached schedule.

"During the third quarter of 2007 we grew our cash and cash equivalents position by a record $71.3 million to a balance of $327.1 million," said Keith Jackson, ON Semiconductor president and CEO. "We will continue to review utilizing our cash position for potential shareholder friendly actions such as debt repurchases, common stock repurchases and strategic acquisitions. On the business front, product revenues grew by over 7 percent sequentially driven primarily by our Consumer Electronics and Computing end-markets. As we enter the fourth quarter of 2007, we remain cautiously optimistic about the overall consumer demand environment for the upcoming holiday season."

FOURTH QUARTER 2007 OUTLOOK

"Based upon product booking trends, backlog levels, anticipated manufacturing services revenue and estimated turns levels, we anticipate that total revenues will be approximately flat to up 2 percent sequentially in the fourth quarter of 2007," Jackson said. "We also anticipate that approximately $22 million of our total revenues will come from manufacturing services revenue. Backlog levels at the beginning of the fourth quarter of 2007 were up from backlog levels at the beginning of the third quarter of 2007 and represent over 90 percent of our anticipated fourth quarter 2007 revenues. We expect that average selling prices for the fourth quarter of 2007 will be down approximately two percent sequentially. We expect our product gross margin and our total gross margin in the fourth quarter of 2007 to be approximately flat with the third quarter of 2007. We currently expect our stock-based compensation expense in accordance with FAS No. 123 (R) to be approximately $5 million in the fourth quarter of 2007."

TELECONFERENCE

ON Semiconductor will hold a conference call for the financial community at 8:00 a.m. Eastern time (ET) today to discuss the third quarter 2007 results and other related material information. The company will provide a real-time audio broadcast of the teleconference on the Investor Relations page of its website at http://www.onsemi.com. The webcast will be available at this site approximately one hour following the live broadcast and will continue to be available for approximately 30 days following the conference call. Investors and interested parties can also access the conference call through a telephone call by dialing (703) 639-1224. ON Semiconductor will provide a dial-in replay approximately one hour following the live broadcast that will continue through approximately Nov. 6, 2007. The dial-in replay number is (703) 925-2533 and the access code is 1152921.

About ON Semiconductor

With its global logistics network and strong portfolio of power semiconductor devices, ON Semiconductor (NASDAQ: ONNN - News) is a preferred supplier of power solutions to engineers, purchasing professionals, distributors and contract manufacturers in the power supply, computer, consumer, portable/wireless, automotive and industrial markets. For more information, please visit ON Semiconductor's website at http://www.onsemi.com.

*EBITDA represents net income before interest expense, interest income, provision for income taxes, depreciation and amortization expense. While EBITDA is not intended to represent cash flow from operations as defined by generally accepted accounting principles and should not be considered as an indicator of operating performance or an alternative to cash flow as a measure of liquidity, we believe this measure is useful to investors to assess our ability to meet our future debt service, capital expenditure and working capital requirements. This calculation may differ in method of calculation from similarly titled measures used by other companies. The table above sets forth our EBITDA with a reconciliation to net cash provided by operating activities, the most directly comparable financial measure under generally accepted accounting principles. 


Contact:
ON Semiconductor, Phoenix
Anne Spitza, 602-244-6398 (Media Relations)
[email protected]
Ken Rizvi, 602-244-3437 (Investor Relations)
[email protected]

--------------------------------------------------------------------------------
Source: ON Semiconductor