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Market Commentary on California Micro Devices Corp.

Publication: M2 Presswire
Publication Date: 29-JUN-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 June 2007-Growth Stock News: Market Commentary on California Micro Devices Corp.(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:29062007

I wish they all could be California ... chips? California Micro Devices (CMD) specializes in integrated passive devices (IPDs), including application-specific and customized models. IPDs are integrated circuits that combine passive components, such as capacitors and resistors, with active semiconductors. CMD also makes analog and mixed-signal semiconductors, such as operational amplifiers, power management devices, and telecommunications transceivers. Its products are used in various types of electronic gear, including wireless phones, PCs, and medical devices. Among its top clients are Motorola, Philips, Samsung Electronics, and Sony. More than 90% of sales are to customers in Asia.

Shares were down 9% Lowers 1Q Outlook.

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