ONNN - Sector: Technology --- Industry: Semiconductors

[setravis]

• ON Semiconductor upgraded by Friedman Billings

Date          Research Firm      Action          From                   To
29-Jan-07 Friedman Billings Upgrade    Mkt Perform     Outperform

52wk Range: 5.12 - 8.54
Volume: 11,743,052
Avg Vol (3m): 7,482,500
Market Cap: 2.79B
P/E (ttm): 14.11
EPS (ttm): 0.61

Technicals
Record Price High.............
Most Actives

Last Price Quote is:
5.61%above 13-day MA
15.33%above 50-day MA
RS Rating: 95 

Fundamentals
Analyst Upgrade to Outperform
Earnings Expected on Feb 1

Key Data:
Market Cap (M): $1,991.12 
P/E Ratio: 13.87 
PEG Ratio: 0.425 
Next Earnings: 02/08/2007
Last Analyst Rating: Outperform

[Ares]

ONNN is catching my attention.

[Ares]

In at 9.31 in my paper trade with an initial stop loss at 9.21
It's stalling but may still go up.
I have to take my son to school now. Out at 9.39 (10:55am)(7:55am My time)

[setravis]

Should have caught your attention much sooner...


On Semiconductor Shoots Higher 
Shares of On Semiconductor, surged on Thursday, after the chipmaker surpassed Wall Street expectations by quadrupling its fourth-quarter profit.
The Phoenix-based company said it earned $87.4 million in net income, or 27 cents a share, for the three months ended Dec. 31, compared with $21.2 million net income, or 8 cents, a year ago.

The profit included a benefit of $10.2 million, or 3 cents a share, from favorable insurance settlements and gains on idle real property sales.

Analysts polled by Thomson Financial were looking for EPS of 17 cents.

On Semi's stock was up 11.6%, or 97 cents, to $9.33 in midday trading, with shares trading hands at more than three times the average volume.

The company's fourth-quarter sales of $401.6 million were slightly above analysts expectations.

But On Semi's guidance for the current quarter was a little less than the analysts' consensus estimate. The company projected that first-quarter revenue will range between $368 million and $378 million. The Street was looking for $383.1 million.

"While our underlying business activity remains relatively flat in the first quarter of 2007 compared to the fourth quarter of 2006, we have 4 less days during the first quarter as compared to the fourth quarter, which is the primary reason for our expected revenue decline," said CEO Keith Jackson in a statement.

[setravis]

Income rise...
The electronics chipmaker reported fourth-quarter profit quadrupled and surpassed Wall Street's targets.

Recent CandleStick Analysis
Jan-26-2007 Bullish Engulfing 

Support @ $9.09...8.87...8.44
Resistance... I would say "Blue Sky"ahead

52wk Range: 5.12 - 8.74
Volume: 42,180,565.......
Avg Vol (3m): 7,605,490

Technicals
MACD is very Bullish
Record Price High.......
Most Actives
Gap Up
Percentage Gainer

Last Price Quote is:
17.95%above 13-day MA
28.68%above 50-day MA
RS Rating: 97 

Fundamentals
Reports Earnings
Earnings Expected on Feb 1

Key Data:
Market Cap (M): $1,991.12 
P/E Ratio: 13.87 
PEG Ratio: 0.425 
Next Earnings: 02/08/2007
Last Analyst Rating: Outperform

[ScottishTrader]

I think ONNN could see $10 shortly.

[setravis]

ONNN has held up well.
Has moved higher since eps announcement.

52wk Range: 5.12 - 10.03
Volume: 6,896,291
Avg Vol (3m): 9,043,810

Technicals
Record Price High............
Most Actives

Last Price Quote is:
6.68%above 13-day MA
21.04%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $1,991.12 
P/E Ratio: 13.87 
PEG Ratio: 0.425 
Next Earnings: N/A
Last Analyst Rating: Outperform

[setravis]

Rockin onnn...


52wk Range: 5.12 - 10.20
Volume: 6,879,624
Avg Vol (3m): 9,146,740

Technicals
Record Price High
Most Actives

Last Price Quote is:
6.78%above 13-day MA
21.61%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $1,991.12 
P/E Ratio: 13.87 
PEG Ratio: 0.425 
Next Earnings: N/A
Last Analyst Rating: Outperform

Below are the 6 Month, 1 Year, 2 Year and 3 Year Charts.......

[ramlau]

Does anyone see a good entry price? Wanted in ever since it the Feb 1 Q4 earnings... Probably missed the boat huh?

Ram

[setravis]

When a stock is trending, catch the pullback's.......
Bouncing from a 32.8% Fibonacci Retracement.
Down... But still in an overall uptrend.
I think this could be the base for the stock, particularly if the market bounces a little.

52wk Range: 5.12 - 10.88
Volume: 14,573,148
Avg Vol (3m): 10,113,200

Technicals
Most Actives

Last Price Quote is:
-0.68%below 13-day MA
9.22%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $1,991.12 
P/E Ratio: 13.87 
PEG Ratio: 0.425 
Next Earnings: N/A
Last Analyst Rating: Outperform

[setravis]

Press Release Source: ON Semiconductor


ON Semiconductor Expands Power Factor Controller Portfolio with Four New Complementary Devices
Tuesday March 6, 3:36 pm ET 
Power Factor Correction (PFC) Controllers Enable the Development of Highly Efficient Power Supplies That Help Designers Meet Emerging Global Efficiency Standards


SHENZHEN, China--(BUSINESS WIRE)--ON Semiconductor (Nasdaq: ONNN - News), a leading global supplier of efficient power management solutions, today announced the expansion of its industry-leading portfolio of Power Factor Correction (PFC) controllers. Designed for use in lighting, adapters, ATX supplies, flat-panel TVs and other power applications, the four new devices enable the development of highly efficient power supplies that meet emerging global energy efficiency and power factor standards.


"The introduction of these devices extends ON Semiconductor's leadership position in power factor controllers," said Andy Williams, senior vice president and general manager of the Automotive and Power Regulation Group. "The four new devices complement our existing PFC product portfolio by providing industry standard replacements with improved features, new and innovative control methods, and added functions that ease both the time and effort required to design highly efficient Switch Mode Power Supplies. To address our customers' ongoing demand for ever more efficient power management, we will continue to develop PFC solutions targeted to meet their design challenges."

The Devices

The NCP1605 is an enhanced, high voltage and efficient standby mode power factor controller that can work in fixed frequency Discontinuous Conduction Mode (DCM) or/and in Critical conduction Mode (CRM). The device incorporates all the features necessary for building robust PFC stages. The NCP1605 can operate as a PFC master, ensuring that a power supply's second stage only starts up under safe conditions. In addition, it integrates the skip cycle capability to minimize stand-by losses. Offered in a Pb-free SOIC-16 package, the NCP1605 is budgetary priced at $1.07 USD per unit in 1,000 unit quantities.

The NCP1606 series are CRM power factor controllers specifically designed for use as a pre-converter in electronic ballast, ac adapters, flat TVs and other low to mid-power off-line converters, typical up to 300 watts (W). These devices incorporate adjustable over-voltage protection, and built-in under-voltage protection. The NCP1606A and NCP1606B provide a pin-to-pin compatible replacement for industry standard devices. The NCP1606B further reduces power losses by proposing a lower over-voltage protection current and a lower current sense threshold. The devices are offered in a Pb-free SOIC-8 package, budgetary priced at $0.335 USD per unit in 2,500 unit quantities. They are also available in a Pb-free PDIP-8 package, budgetary priced at $0.405 USD per unit in 1,000 unit quantities.

The NCP1654 and NCP1655 are Continuous Conduction Mode power factor correction controllers. They control the power switch conduction time in a fixed frequency mode and in dependence on the instantaneous coil current. They also integrate high safety protection features like a brown-out function, an effective input power runaway clamping circuitry, and minimize the number of external components required for circuit implementation. The NCP1654 is pin-to-pin compatible with industry standard devices, while the NCP1655 offers a pin-to-pin upgrade to ON Semiconductor's popular NCP1653 fixed-frequency current-mode PFC controller. The new devices are offered in a Pb-free SOIC-8 package, budgetary priced at $0.80 USD per unit in 2,500 unit quantities. They are also available in a Pb-free PDIP-8 package, budgetary priced at $0.88 USD per unit in 1,000 unit quantities.

For additional technical information or to order samples, visit http://www.onsemi.com or contact Christophe Warin at [email protected].

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

[setravis]

Press Release Source: ON Semiconductor


ON Semiconductor Refinances Its Senior Secured Credit Facilities
Tuesday March 6, 4:35 pm ET 
And Prepays $24 Million of the Facilities


PHOENIX--(BUSINESS WIRE)--ON Semiconductor Corporation (NASDAQ: ONNN - News) today announced that it has successfully refinanced $175 million of term loans under its senior secured facilities and reduced the rate it pays from LIBOR plus 225 basis points to LIBOR plus 175 basis points. The amended and restated credit agreement also extends the maturity date of the facilities by approximately four years to 2013, enhances the Company's ability to incur indebtedness and creates a basket for the Company to make $300 million or more of restricted payments or investments such as stock repurchases, all subject to market and certain financial conditions. The Company also announced that it has prepaid approximately $24 million of term loans under its senior secured credit facilities to bring the balance to $175 million.


"The 50 basis points reduction of the spread on our senior secured facilities, increased financial flexibility and four-year maturity extension are attributable to the improved financial performance of the Company and smaller size of the facilities," said Donald Colvin, ON Semiconductor executive vice president and CFO. "The $24 million debt prepayment announced today is part of our long-term financial strategy to continue using cash generated from operations to improve shareholder value through actions such as stock repurchases and debt prepayments. Since 2003, we have lowered our senior secured debt by over $800 million to the lowest level in the Company's history."

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 computer, cell phone, portable devices, 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, information on the website is not to be incorporated herein.

This news release includes "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact are statements that could be deemed forward-looking statements and are often characterized by the use of words such as "believes," "expects," "estimates," "projects," "may," "will," "intends," "plans," or "anticipates," or by discussions of strategy, plans or intentions. In this news release, forward-looking information relates to share repurchases, debt prepayments and similar matters. All forward-looking statements in this news release are based on management's current expectations and estimates, and involve risks, uncertainties and other factors that could cause results to differ materially from those expressed in forward-looking statements. Among these factors are revenues and operating performance, changes in overall economic conditions, the cyclical nature of the semiconductor industry, changes in demand for our products, changes in inventories at our customers and distributors, technological and product development risks, availability of raw materials, competitors' actions, pricing and gross margin pressures, loss of key customers, order cancellations or reduced bookings, changes in manufacturing yields, control of costs and expenses, significant litigation, risks associated with acquisitions and dispositions, risks associated with our substantial leverage and restrictive covenants in our debt agreements, risks associated with our international operations, the threat or occurrence of international armed conflict and terrorist activities both in the United States and internationally, risks and costs associated with increased and new regulation of corporate governance and disclosure standards (including pursuant to Section 404 of the Sarbanes-Oxley Act of 2002), and risks involving environmental or other governmental regulation. Additional factors that could affect the company's future operating results are in "Item 1A Risk Factors" of our Form 10-K for the year ended December 31, 2006 and other factors are described from time to time in our SEC filings. Readers are cautioned not to place undue reliance on forward-looking statements. We assume no obligation to update such information.

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

[setravis]

Today's closing chart.


52wk Range: 5.12 - 10.88
Volume: 11,654,384
Avg Vol (3m): 9,827,290

Technicals
Most Actives

Last Price Quote is:
4.65%above 13-day MA
13.95%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $1,991.12 
P/E Ratio: 13.87 
PEG Ratio: 0.425 
Next Earnings: N/A
Last Analyst Rating: Outperform

[setravis]

Press Release Source: ON Semiconductor


ON Semiconductor Expands Its Power Computing Product Offering with New Dual-Edge Multi-Phase Controllers
Tuesday April 3, 6:26 pm ET 
The New Controllers Greatly Improve the Power Efficiency of Servers and Desktop Computers


PHOENIX--(BUSINESS WIRE)--ON Semiconductor (Nasdaq: ONNN - News), a global supplier of efficient power management solutions, has expanded its power computing portfolio with the introduction of two new dual-edge multi-phase controllers. The NCP5387 and NCP5382 multi-phase buck controllers address power needs for servers and for VR10.x, VR11.0 and Parallel VID based desktop personal computers. These devices join the NCP5391 and NCP5385 dual-edge control solutions the company introduced within the last year to enable more efficient and more compact Vcore power solutions to support VR10.x/VR11 desktop computers applications.


"We are pleased to expand our innovative dual-edge technology - and the corresponding efficiency and board space benefits - to additional sectors of the computing market," said Bill Schromm, senior vice president and general manager of ON Semiconductor's Computing Products Group. "Our dual-edge control technology is changing the way the industry approaches computing power supply design. The fact that our controllers improve power efficiency by up to three percent is a significant advancement that has been welcomed by our customers."

Utilizing the company's dual-edge Pulse Width Modulation (PWM) technology, the new devices deliver significantly faster response to load transients than existing industry solutions. As such, they enable power management subsystems to more quickly and more efficiently respond to users' activation of high-performance computing functions. Industry standard single-edge and clocked control devices in place today require operation at higher-than-optimal frequencies or use of substantial capacitive hold-up circuits. ON Semiconductor's dual-edge approach is less complicated to design-in, and enables a physically smaller power management subsystem than single-edge or clocked control devices can provide. By enabling simultaneous switching of all phases in a multiphase power waveform, ON Semiconductor's dual-edge PWM controllers also provide faster responses than single-edge or clocked control devices. This improved response enables the power management subsystem to operate at a lower frequency, with fewer hold-up capacitors than existing leading-edge or trailing-edge approaches.

The Devices

The new NCP5387 and NCP5382 are multi-phase buck controllers that combine differential voltage and current sensing, and adaptive voltage positioning. Dual-edge pulse width modulation, combined with inductor current sensing, reduces system cost by providing the fastest initial response to transient load events. Dual-edge multi-phase modulation reduces total bulk and ceramic output capacitance required to satisfy transient load line regulation. A high performance operational error amplifier is provided, which allows easy compensation of the system. The proprietary method of Dynamic Reference Injection makes the error amplifier compensation virtually independent of the system response to VID changes, eliminating tradeoffs between overshoot and dynamic VID performance

The NCP5387 is a two, three, or four phase controller, suitable for VR10.x, VR11.0, and Parallel VID desktop computing systems. The NCP5387 is available in a Pb-free QFN-40 package, and priced at $1.27 per unit in 2,500 unit quantities.

The NCP5382 is a four, five, or six phase controller, suitable for servers and other low-voltage, high-current power supplies. The NCP5382 is available in a Pb-free QFN-48 package, and priced at $1.75 per unit in 2,500-unit quantities.

For additional information visit http://www.onsemi.com or contact Michael Stapleton at [email protected].

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 Web site in this news release, such information on the Web site 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

[setravis]

AP
Chips Snap: Intel Boosts Semi Stocks
Wednesday April 18, 11:58 am ET 
Intel 1Q Results Hint at Healthy PC Market; Semiconductor Stocks Trade Up


NEW YORK (AP) -- Chip maker Intel Corp. set an upbeat tone for trading in the semiconductor sector on Wednesday, after the company posted increased first-quarter earnings, and indicated the personal computer market is showing signs of health.


Intel said Tuesday its first-quarter profit climbed 19 percent to $1.61 billion, or 27 cents per share, from $1.36 billion, or 23 cents per share, in the same quarter last year. Analysts, on average, expected income of 22 cents per share, according to a Thomson Financial poll.

Shares of Intel rose 34 cents to $21.32 in morning trading on the Nasdaq Stock Market.

The company's results were expected to help buoy shares of International Rectifier Corp., Intersil Corp., Maxim Integrated Products Inc., Monolithic Power Systems Inc., O2Micro International Ltd., and ON Semiconductor Corp., according to Piper Jaffray analyst Tore Svanberg.

"In our view, Intel's in-line March quarter results indicates a healthy PC market with a trend toward lower cost, higher value systems such as non-brand name desktop and servers provide," Svanberg wrote in a note to investors.

Shares of Intersil rose 62 cents to $28.09; Maxim shares rose $2.20, or 7.6 percent, to $31.30; Monolithic Power Systems shares fell a penny to $12.99; O2 shares advanced 5 cents to $10.09; and ON Semiconductor shares rose 43 cents, or 4.4 percent, to $10.16. All trade on the Nasdaq.

On the New York Stock Exchange, shares of International Rectifier rose 53 cents to $36.51.

Svanberg suggested slower-than-expected sales to original equipment manufacturers could be a negative for Volterra Semiconductor Corp., since it derives much of its revenue from OEMs.

Shares of Volterra rose 6 cents to $14.95 on the Nasdaq.

Elsewhere in the sector, Linear Technology Corp.'s $3 billion stock buyback announced Tuesday led at least one analyst to speculate that other makers of mixed-signal analog processors could announce similar plans.

"We applaud (Linear) management for their decision to leverage its strong cash flow and balances sheet to improve earnings per share," wrote Lehman Brothers analyst Romit Shah. "We believe that other mixed-signal analog companies, such as Analog Devices Inc., Intersil, Maxim and National Semiconductor Corp., could follow in a similar fashion."

Shares of Linear Technology rose $4.06, or 12.6 percent, to $36.18 on the Nasdaq. Analog Devices shares rose $1.82, or 5 percent, to $38.05; and National Semiconductor shares rose $1.62, or 6.7 percent, to $25.72 on the New York Stock Exchange.
***************************************************************



The rising tide of inflecting semiconductor fundamentals will likely lift all boats between now and year-end.......

52wk Range: 5.12 - 10.88
Volume: 5,593,211
Avg Vol (3m): 9,262,570

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
6.41%above 13-day MA
8.76%above 50-day MA
RS Rating: 90 

Fundamentals
Earnings Expected on Apr 26

Key Data:
Market Cap (M): $2,849.65 
P/E Ratio: 12.27 
PEG Ratio: 0.575 
Next Earnings: 04/26/2007
Last Analyst Rating: Outperform

The Falling Wedge (reversal) Pattern.......