GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
ENTROPIC COMMUNICATI (ENTR) [hlAlert]

Rating:
Neutral ENTR
down 42.50 %

ENTROPIC COMMUNICATI (ENTR) downgraded to Neutral by Piper Jaffray

Posted on: Tuesday,  Jul 29, 2008  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Neutral ENTROPIC COMMUNICATI (NASDAQ: ENTR) on 07/29/2008. Previously Piper Jaffray rated Buy ENTROPIC COMMUNICATI (NASDAQ: ENTR) on 03/03/2008.,
when the stock price was $6.07. Since then, ENTROPIC COMMUNICATI has lost 42.50% as of 07/29/2008's recent price of $3.49.
If you would have followed the previous Piper Jaffray's recommendation on ENTR, you would have lost 42.5% of your investment in 148 days.

Entropic Communications, Inc. (Entropic Communications), is a fabless semiconductor company that designs, develops and markets systems solutions to enable connected home entertainment. The Company's products include home networking chipsets based on the multimedia over coax alliance (MoCA) standard; high-speed broadband access chipsets; integrated circuits for digital broadcast satellite (DBS) services, and silicon television tuner integrated circuits. During the year ended December 31, 2008, 95.3% of the Company's revenues were derived from Asia, 2.6% were derived from Europe, and 2.1% were derived from the United States and other North American countries. Ten customers accounted for approximately 95% of the Company's revenues, and Motorola, Actiontec, Wistron and Jabil Circuit accounted for 36%, 20%, 10% and 8%, respectively, of its revenues.

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/29/2008 8:25 AM Hold
None
3.49
as of 12/24/2008
1 Week down  -0.67 %
1 Month up  116.17 %
3 Months up  194.00 %
1 YTD up  194.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/3/2008 8:25 AM Buy
None
6.07

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy