First Analyst Breaks Ranks to Discuss WFC in 2007 for OmniVision
Friday, August 25th, 2006seems we have a ‘’break in the ranks'’ of the analyst to find one who will actually MENTION Wave Front Coding coming in 2007……….today, FEAR , FUD, and competition SINKS the PPS of OmniVision by 4% today and 4% yesterday………….they got 8% in two days of FUD!
OmniVision Technologies initiated with “neutral”
Friday, August 25, 2006 3:17:21 AM ET
Pac. Growth Equities
NEW YORK, August 25 (newratings.com) - Analyst Satya Chillara of Pacific Growth Equities initiates coverage of OmniVision Technologies Inc (OVTI.NAS) with a “neutral” rating.
In a research note published yesterday, the analyst mentions that the company is expected to have captured about 25% of the image sensor market and is focusing on cell phones. The acquisition of CDM optics is expected to enable OmniVision Technologies to boost revenue content in mobile phones by 2007, the analyst says. Competition in the image sensor market is intensifying with the entry of DRAM companies, Pacific Growth Equities adds. OmniVision Technologies’ revenue growth in the October quarter is expected to be adversely impacted by changes in the order patterns from Chinese ODMs, Motorola and different regions, according to the analyst.