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Entropic Communications, Inc. Message Board

  • maplecherypie maplecherypie Jul 2, 2013 4:17 PM Flag

    Up after hours - guidance affirmed!!

    Great news. Cost savings. Guidance looks great. Dont let these shorts fool you.

    Im buying more!!!!!

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    • there's no guidance in the release. They just said earnings for the recently ended quarter will once again come in below analyst expectations. They are also firing 10% of its workforce which doesn't really speak for renewed growth expectations.

      given that the current analyst consensus calls for around 8% sequential growth for the third quarter I would expect another ugly conference call and more ownside guidance on the July, 31 conference call.

      investors should continue to sell the stock

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