Market Currents

• Tuesday, December 9, 2008

• 09:53 AM Things look gloomy for semiconductor stocks, with warnings from Qualcomm (QCOM), Broadcom (BRCM), Altera (ALTR), IDT Corp. (IDT), and now Texas Instruments (TXN). One ray of hope: Analysts at Baird say their research points to a rebound as early as Q3 2009, driven by a boom in sales of netbooks. Comment!

• Thursday, June 5, 2008

• 09:14 AM Gapping down: IDT -25.4% (earnings miss). SFD -5.1% (earnings miss). ARO -4% (SSS miss). AEO -3.8% (SSS miss). GPS -1.4% (SSS miss). ADBE -1.1% (downgrade). Comment!

• Wednesday, June 4, 2008

• 16:17 PM Earnings: IDT (IDT) Q3 EPS of -$1.10 misses by $0.82. Revenue of $453 vs. $470.50 consensus. Comment!