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Silicon Motion Technology Corp. Message Board

  • hageneriksson hageneriksson Jul 2, 2013 10:23 AM Flag

    despite just another warning the stock is holding up well this time

    due to increased gross margin guidance and management's indication of good demand hampered by limited supply

    although the bottom seems to be in for the moment I wouldn't chase the stock here as the revenue performance continues to be disappointing. Would prepare for just another poor guidance on the next call.

38.55-0.78(-1.98%)Apr 29 4:00 PMEDT