What will significantly reverse the negative perception on CRUS?
What must happen in order for CRUS to gain respect and positive sentiment from the streets (wall street, main strt, etc)? In descending order of significance, my take is:
1. Better than expected forward guidance with stabilizing/improving margin
2. Has gained new business from at least a few major customers in the audio business
3. Better than expected LED shipment, must demonstrate accelerated growth in shipment and rev
It's actually tough to rate the importance of the above. The last two bullets are more exciting to have, but margin continued margin compression can do much damage at time. What is everyone's take? Good Luck this afternoon!
Unless CRUS has explictly stated that your items 2 and 3 are a stated goal, I don't know how you can hold them accountable to those items because if not a stated goal or objective unlikely CRUS has allocated any or any serious amount of assets to achieving the goal.