The article on Wall St. Cheat Sheet today is laughable. This article sites Stifel Nicolaus as an authority in this market and offers no evidence as to why they think Exar will out perform their peers. This cannot be further from the truth. Exar is losing market share in ever market they play in. The CEO has offered no evidence of success in new products. Their current products are tired and being designed out. The CEO and Stifel Nicolaus are just trying to hype the company.
Agree that they are under enormous competitive market pressure and margins are pressed. We will see. Short term actions have been taken to ensure profitability. Can the top line gain sustainable growth, they must begin to show this. What will lead this top line growth? Or is this a dress up and hype from CEO, who has much at stake.