Wolfson

I've seen shares fall on good results before but this is just silly!

Surely this has got to be a buying opportunity!

Financial Highlights

Revenue increased by 94% to $56.9m (H1 2003, $29.3m)
Gross margin improved to 50% (H1 2003, 46.4%)
Profit before tax increased by 123% to $9.3m (H1 2003, $4.2m)
Diluted earnings per share increased 94% to 5.77c (H1 2003: 2.98c)

Operational Highlights

158 design wins in the period
9 new products introduced in the period
Continued strong uptake of products by major OEMs
Increased sales in Japan and Korea to 29% of group turnover
31 new technical and commercial staff

September 27, 2004 12:37 PM US Eastern Timezone

Wolfson Moves into Audio for Digital Still Cameras; Launches First In A Series Of Audio CODECs For Cameras

SAN DIEGO & EDINBURGH, Scotland--(BUSINESS WIRE)--Sept. 27, 2004--Wolfson Microelectronics plc (LSE:WLF) today announced a mono CODEC addressing all of the major digital still and video camera audio requirements on a single chip, in response to growing demand for high-quality sound in portable, digital recording and camera equipment. The Wolfson WM8974 is a low-power, feature-rich CODEC and is the first in a series of products to be coming from Wolfson targeting digital still cameras and digital-voice recording applications.


The WM8974 features a DSP core that provides a wind-noise filter to improve audio recording during video-recording mode, a five-band equalizer to improve audio output and a programmable notch filter to reduce motor noise. The WM8974 also includes an integrated PLL supporting a wide operating frequency range from 12 to 19MHz. The device supports a differential or single-ended microphone complemented by the microphone pre-amp and ALC, followed by an output stage where the drivers for speakers and headphones are included to reduce component count in the final system. With the support of up to 5V, the speaker driver is capable of driving an industry-leading speaker output of up to 900mW.

The WM8974 operates at power supplies as low as 2.5 volts and consumes less then 10 milliamps during 48kHz playback, and operates on 1.62 volts in standby.

"Digital still cameras are increasingly differentiated by their audio capabilities and Wolfson is releasing a series of compact, high performance, affordable solutions that address this opportunity," said Yan Goh, product marketing manager at Wolfson

For what it is worth, I think this stock has great potential, but not buying in till the price knows where it wants to be.

Up one minute down the next, where is the support level?

seawallwalker

I agree.

Tue 28 Sep 2004


Boston boost as Wolfson grows


SCOTTISH technology company Wolfson Microelectronics has opened an office in Boston, its second in the US and its sixth base overseas.

The Boston office will support the companys expanding business on the east coast and complement Wolfsons first US office in San Diego, California.

Jeff Rozmus, who has been with the company for two years, is relocating to Boston to run the new office.

The semiconductor-maker also said it had moved into making audio chips for digital still cameras.

Wolfson has created a single chip that covers all the major digital still and video camera audio requirements in cameras, in response to growing demand for high- quality sound.

"Digital still cameras are increasingly differentiated by their audio capabilities, and Wolfson is releasing a series of compact, high-performance, affordable solutions," said product marketing manager Yan Goh.

http://business.scotsman.com/technology.cfm?id=1134932004

Down again, another 4%

The price looks more & more attractive every day.

I'm not buying yet, I just don't know where the bottom is going to be.

Maybe the best time to buy will be in a couple of years when the Semiconductor market begins another upswing.

Thanks, Apple, for your comments re my Port operation. Now. This semiconductor market seems fraught with hidden dangers. Always the possibility of major developments that, might, supersede existing s.c.inserts.Trouble is that we have to differentiate from the stumbling goliath and the astute,nimble, operator who can ride with the punches. Wolfson Micro SEEMS to fall into the latter category BUT I agree with Apple. Might be worth waiting until we see what happens to Intel in China

Up a bit.

I wonder if this is the bottom?

Or is it yet another temporary rise?

(COMTEX) A: Wall Street techs - Chips lead afternoon tech advance ( AFX-As
a )
A: Wall Street techs - Chips lead afternoon tech advance ( AFX-Asia )

SAN FRANCISCO, Sep 30, 2004 (AFX-Asia via COMTEX) -- Technology stocks remained
relatively upbeat Thursday afternoon as chip stocks got some good news about
sales and inventories from an industry trade group.

Chip stocks rose after the Semiconductor Industry Association said global sales
in August rose 1.1 percent to $18.2 billion and there were signs that
inventories are declining. August sales grew 34 percent from a year ago.

Advancers included Applied Materials , Advanced Micro Devices , Xilinx Inc. and
LSI Logic ................................

http://finance.yahoo.com/q/bc?s=^SOXX&t=3m&l=on&z=m&q=l&c=

A decent rise of 5+% today but still low volumes. This needs to go above 195 to get the uptrend started and above 210 to start heading north.

RNS Number:6827D

Wolfson Microelectronics PLC

4 October 2004

Wolfson Microelectronics Plc (the 'Company')4 October 2004 Section 198 NotificationThe Company was notified on 4 October 2004 by UBS Global Asset Management LifeLtd ('UBS') has an interestin 3,810,512 ordinary shares of the Company ('Shares'), representing 3.52% ofthe issued share capital of the Company.

UBS is increasing stake

hopefully it'll start to move back above 200p now

195 first barrier then 210 according to chart.

Still don't know where this is going, every time I think it can't go lower, it does.

Glad I stayed out.

Maybe we've seen the bottom but I thought that before so I'm still watching.

topped up today
looking for 220p

Chip-related stocks gained again as the Nasdaq climbed with ASML up 1.4 per cent to 11.28 and Infineon 1.4 per cent higher at 8.87.

RNS Number:8434D
Wolfson Microelectronics PLC
07 October 2004



Wolfson Microelectronics plc (the "Company")
7 October 2004

Section 198 Notification

The Company was notified on 7 October 2004 by Fidelity Investments on behalf of
FMR Corp.("FMR") and its direct and indirect subsidiaries (which includes
Fidelity Management & Research Company ("FMRCO")) and on behalf of Fidelity
International Limited ("FIL") and its direct and indirect subsidiaries (which
includes Fidelity Investment Services Ltd ("FISL") and Fidelity Pension
Management ("FPM")), pursuant to Section 198 Companies Act 1985 that its
interest in the Company has increased to 16,146,005 ordinary shares in the
Company ("Shares"), representing 14% of the issued share capital of the Company.
In addition, this notifiable interest also comprises that of Edward C Johnson
3rd, a principal shareholder of FMR and FIL.

Monday September 27, 06:00 PM
Wolfson Provides Single Front-End Solution to Fast Growing Multi-Function Printer and Scanner Demand
SAN DIEGO & EDINBURGH, Scotland--(BUSINESS WIRE)--Sept. 27, 2004--Wolfson Microelectronics plc today announced a new addition to its portfolio of high-performance analog front-end (AFE) digitizer devices. This new, fast pipeline ADC converter is specifically ADVERTISEMENT


designed for use in high-speed, next-generation digital photocopier products. Digital photocopiers typically use odd/ even two output CCD sensors, either using one for monochrome operation or three for color implementations. Wolfson's latest AFE is designed to be used on a one per sensor basis. It may also find applications in very high-speed, flat-bed scanners.

The new 2-channel Wolfson WM8216 offers a 60 MSPS conversion rate, 10-bit resolution, dual channel operation and correlated double sampling. Power consumption is low at just 330mW typical. It provides a highly integrated solution, integrating all of the major analog signal conditioning and A-D conversion requirements of the interface between image sensor and the main digital architecture of a photocopier system onto a single mixed signal device. This includes a 9-bit programmable gain amplifier and an internal 4-bit DAC, for internal reference level generation, which may be used to reference CIS signals or clamp CCD signals. Alternatively, an external reference may be supplied. Both the analog and digital parts of this device operate from a 3.3V supply.

"Digital photocopiers are sold in a growing and highly-competitive market," said David Milne, CEO of Wolfson. "Good system partitioning between analog and digital parts of the architecture is vital and cost effective high speed data conversion is needed to keep performance up and costs down. The new WM8216 responds to these needs, giving designers the performance they require, within a highly integrated solution that remains straightforward to implement in their system."

Price and Availability

The WM8216 is available in a 32-pin QFN package, priced at $3.73 in quantities of 10,000.

About Wolfson Microelectronics

Wolfson Microelectronics plc is an award winning, fabless semiconductor company based in Edinburgh, UK. Wolfson develops and markets high-performance mixed signal semiconductors for multimedia and communications applications worldwide. The company currently has sales offices in the USA, Japan, China, Taiwan and Korea. For further information please contact: sales@wolfsonmicro.com

For more information about Wolfson Microelectronics products and services in the US, Call: (858) 676 5090. For additional information, visit:

http://www.wolfsonmicro.com/

What the Papers Say: Wednesday 6th October 2004
The Independent

*Talk of bullish statement from Wolfson Microelectronics (LSE: WLF.L - news) .

Interesting!

Hi apple, not a buyer of this stock yet, but honestly it seems to move from, 250p to 300p quite frequently.

Could be some nice earnings there.

cheers GF,