GennumAnyone have any comments regarding the Q4 results? I keep hoping for a pop in net income into the 6k or 7k range but we never seem to get there. As stated by management, opportunities are significant but maybe im becoming impatient, hopefully an acquisition of sorts can transpire to elevate the companies quarterly net income towards the 6/7/8k range and give this stock a solid pop towards $15
Dr. Martin Rofheart, Senior Vice President and General Manager of the Analog and Mixed Signal has left the company to pursue other opportunities. When I saw this news release i thought 2 things. 1) He was given the boot by Gennum 2) He does not see much upside to Gennum shares anytime soon and is cutting his loses and moving on. If im not mistaken he worked with Franz in the past so his leaving definitely sends a message to the street.
I suspect this stock will sink tomorrow as the results were in line but nothing outstanding