Today’s TraderNotes include: Spansion Inc. (Nasdaq: SPSN), China 3C Group (OTCBB: CHCG), Diamond Management & Technology Consultants Inc. (Nasdaq: DTPI), Amkor Technology Inc. (Nasdaq: AMKR), TriQuint Semiconductor Inc. (Nasdaq: TQNT), Momenta Pharmaceuticals Inc. (Nasdaq: MNTA), China Biopharma Inc. (OTCBB: CBPC), Advanced Battery Technologies Inc. (Nasdaq: ABAT).
“Spansion Inc. (SPSN) shares rose nearly 2% to $2.74 Monday afternoon. Spansion, a semiconductor device company, engages in designing, developing, manufacturing, marketing, and selling flash memory solutions worldwide....
“Spansion recently disclosed plans for a new class of memory, called Spansion EcoRAM, designed to solve the growing energy consumption crisis in Internet data centers by replacing power-hungry DRAM in data center servers…
“When combined with Virident Systems Inc.'s new GreenGateway technology, Spansion EcoRAM can help slash energy consumption by up to 75% in Internet data center servers, and offer four times the memory capacity of traditional DRAM-only servers for the same energy consumption...”
“After dropping Monday morning, shares of Amkor Technology Inc. (AMKR) slightly rebounded in afternoon trading, moving up nearly 1% to $8.57. Amkor operates as a subcontractor of semiconductor packaging and test services in the United States and internationally. It provides packaging solutions, including leadframe and laminate packages using wire bond and flip chip formats…
“Recently, Amkor predicted a second-quarter revenue decline of 1% to 2% implying revenue between $692.5 million and $685.5 million for the first quarter, compared with a previous forecast for growth between 1% and 3% or $706.5 million to $720.5 million…”
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Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Amkor Technology Inc. (Nasdaq: AMKR). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
