Recent

% | $
Quotes you view appear here for quick access.

Vishay Intertechnology Inc. Message Board

  • khoggan khoggan May 18, 2000 8:21 AM Flag

    CNBC Maria B. on VSH

    Maria just reported DLJ raised VSH estimates and target price to $125.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Before the Bell with Maria
      Bartiromo

      http://www.paradise-web.com/plus/plus.mirage?who=views&id=3483.0843967250543

      VSH DLJ talks about the company, raised 12 month
      price target to $125. Also raising earnings estimates,
      and say that even though the earnings are
      substantially higher, still do not reflect the full earnings
      power of the company and the industry.

      • 1 Reply to wazzu82
      • VSH owns 80% of Siliconix (SILI), and DLJ said
        themselves earlier this year that it is SILI that is driving
        Vishay's growth. Here's a quote from a 2/3/00 DLJ press
        release:

        Press release issued by DLJ [DONALDSON, LUFKIN JENRETTE
        SECURITIES] - Dated 2/3/2000:

        "While earnings at
        Siliconix are up sharply, primarily driven by strength in
        the cellular phone industry, the other segments of
        Vishay's business are still operating well below
        normalized levels of profitability and improving rapidly. We
        are seeing clear signs tht VSH's resitor products are
        experiencing an acceleration of growth and improved pricing,a
        signal, in our opinion, that the recovery is extending
        beyond the cell phone industry, that components will
        remain tight for the foreseeable future, and that VSH's
        EPS will continue to beat expectations. SILCONIX
        [power MOSFETs, power IC's, analog signal processing
        devices] CONTINUES TO GAIN MOMENTUM AND IS CLEARLY
        BECOMING AN IMPORTANT DRIVER OF VISHAY'S OVERALL
        PERFORMANCE. Since being acquired in March 1998, Siliconix has
        gained market share, introduced new products, improved
        profitability dramatically (40% gross margins in Q4) and is
        growing 40% annually. Siliconix's stock price appreciated
        530% in 1999, clearly reflecting the company's strong
        performance. WE BELIEVE THE MARKET HAS YET TO FULLY APPRECIATE
        THE SIGNIFICANT IMPACT SILICONIX HAS HAD ON VISHAY
        RESULTS OR THE IMPORTANCE OF ITS CONTRIBUTION GOING
        FORWARD (Vishay owns 80% of SILI) Siliconix now
        represents roughly 50% of Vishay's earnings."

        Looks
        like SILI is the the better buy.

 
VSH
11.55+0.04(+0.35%)Jul 7 4:01 PMEDT