Andrew Schmitt

Notables From The PMC-Sierra Q207 Conference Call

Thanks, some useful info in there but nothing that ties video in to the data.

Semis With Highest, Lowest Production To Sales Ratio

Trent:

Big error here. The production effect and the impact on gross margin applies only to companies that own their fab. Fabless companies do not see Gross margin move as 2000 wafers from TSMC costs the same as 1500.

You need to remove all fabless revenue to make this a meaningful study.

Reading Between the Lines To Spot the Next Cisco

I'd like to read the paper Yishai but cannot find it. Please post a link or contact me through the contact form on my site.

nyquistcapital.com

Reading Between the Lines To Spot the Next Cisco

Nice article.

The answer is pretty simple. The inventory is still there, it just isn't at Cisco. It's sitting on the supplier shelves as they now have to stock buffer inventory so their customers can have lean inventory. Worse yet, it is sitting on a distributor shelf and the supplier is paying points for it.