Joseph Osha
Joseph Osha
analog bottom businesses existing impact large line markets minimal short wireless
The impact on the bottom line is going to be minimal in the short term. It has large existing businesses in the analog and wireless markets already.
pc standards
By standards of PC microprocessors, it's slow, but for appliances, it's fast.
appears demand tracking
Demand appears to be tracking better than we had anticipated.
ability although doubts downside fix limit margin upside
That may limit near-term downside to the name, although with doubts about the company's ability to fix its margin problems, we don't see much upside either.
above average believe currently fairly forecast fourth growth includes quarter recovery slightly third typical
We currently forecast what we believe is a 'reasonable' recovery, which includes assumptions for slightly below-average sequential growth in the third quarter of 3 percent, above average sequential growth in the fourth quarter of 4 percent, and a fairly typical first-year recovery in 2003,
cents earnings expectation fourth per quarter share
We also think that the Street's fourth quarter 2002 expectation of 17 cents in earnings per share is unreasonably high,