BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Entropic's fuzzy IPO]]>http://www.bloggingstocks.com/2007/12/09/entropics-fuzzy-ipo/http://www.bloggingstocks.com/2007/12/09/entropics-fuzzy-ipo/http://www.bloggingstocks.com/2007/12/09/entropics-fuzzy-ipo/#commentsFiled under: , ,

Entropic Communications (NASDAQ: ENTR), which develops home networking semiconductors, tried to price its IPO at $9 to $11. But investors thought the valuation was too rich. So, the deal came out at $6 per share. In all, the company raised $41.3 million.

No doubt, Entropic is in a hot space -- helping deliver video and music to homes (through cable set-top boxes). According to a study from iSuppli, the global market for home networking silicon is forecast to grow from $1.1 billion in 2007 to $3.1 billion by 2011.

Entropic has 55 customers, which includes biggies like Motorola (NYSE: MOT) and Jabil Circuit. The company also has key strategic investors, such as Cisco (NASDAQ: CSCO).

And, for the first nine months of this year, revenues spiked from $24.9 million to $82.4 million.

The lead underwriters include Credit Suisse (NYSE: CS) and Lehman Brothers (NYSE: LEH). You can find the prospectus at the SEC website. Also, for other recent IPO information, visit DealProfiles.com.

Tom Taulli is the author of various books, including The Complete M&A Handbook and The Edgar Online Guide to Decoding Financial Statements.

Entropic's fuzzy IPO originally appeared on BloggingStocks on Sun, 09 Dec 2007 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CiscoCISOCredit SuisseCSEntropicIPOsiSuppliJabil CircuitLEHLehman BrothersMOTMotorolaSun, 09 Dec 2007 10:40:00 EST<![CDATA[Intel sales up, AMD's down]]>http://www.bloggingstocks.com/2007/11/28/intel-sales-up-amds-down/http://www.bloggingstocks.com/2007/11/28/intel-sales-up-amds-down/http://www.bloggingstocks.com/2007/11/28/intel-sales-up-amds-down/#commentsFiled under: , , ,

iSuppli, a niche research firm that focuses on the semiconductor industry, recently published a report on the state of the industry in 2007. The report, an excerpt of which can be found here, is chunk full of info.

Intel (NASDAQ: INTC), the world's largest semiconductor supplier, has extended its lead over rival Advanced Micro Devices (NYSE: AMD), raising its market share to 12.5 percent while AMD dropped out of the top 10. Intel's revenues are expected to rise by almost 8 percent in 2007, far exceeding the growth rate of the entire industry, which iSuppli pegs at around 4 percent.

AMD, on the other hand, has had a rough go of it this year. While making the top 10 list for the first time last year, AMD is looking at a forecast of sales down almost 23 percent.

Continue reading Intel sales up, AMD's down

Intel sales up, AMD's down originally appeared on BloggingStocks on Wed, 28 Nov 2007 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>amdintcisupplisemiconductorsemissnesonyWed, 28 Nov 2007 15:30:00 EST