A new thread for Cambridge Silicon Radio, a bluetooth play for 2004.

Cambridge Silicon Radio Holdings Ltd, the Bluetooth technology group that is about to list on the London Stock Exchange, said its offering will be priced at 160-200 pence a share.

The indicative price range corresponds to an offer size of 54-68 mln stg and a market capitalisation for the company of 192-239 mln stg after flotation.

CSR designs and manufactures single-chip radio devices - focusing initially on solutions for the 2.4GHz Bluetooth personal area networking standard. The background and experience of our development team give CSR a unique advantage to help OEMs exploit the new wave of wireless networking, allowing us to offer the most highly integrated single-chip Bluetooth solutions, which are based on commodity CMOS technology with all its inherent advantages.

www.csr.com

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CSR, which has secured over 70 mln usd of funding from a number of investors including Compaq Corp, Philips Electronics NV, Sony Corp, Intel Corp and 3i Group PLC, was founded in 1998.

The company claims on its Website to be the world's leading provider of Bluetooth, accounting for 60 pct of all Bluetooth end-products.

Bluetooth is a low-cost, short-range radio link between mobile PCs, mobile phones and other devices, enabling users to connect a wide range of devices easily and simply, without the need for cables.

limit down = automatic auction

still lost ... what limit?

loss in this case of 10% or more, i think

it was a fast moving market and they did it when they could but perhaps somebody else knows more than me?

ask PT on the technical analysis thread

thanks md - that'll do me 4 now

Anyone - can someone please tel me this is not going further down? Though the markets may indeed be choppy at the moment, but CSR's slide, if I re-call correctly, began on good news, and it keeps getting worse. Is there something in TA that shows what 'normal' levels for this will be?

weak $ will certainly not help CSR, but i am happy enough to keep holding them ...... chart below shows that this stock is pretty volatile at the best of times, but i would hazard a guess that a bounce now is not unquestionable, partly due to 200 dma being tested and also indicated good bounce on Dow this afternoon ..... how long that will hold is anyone's guess

Thanks cynic - any suggestions as to wht entry and exit points? (I am really useless at this TA thing, though quite fascinated at how accrate it can be)

has been said before, but will repeat .... charts are no more than an indicator ..... would i buy (anything) today? ..... no, prob not

thanks for the advice - walked away andthus survived. Now 4 the big qn, bearing in mind the gains on DOW 2day, does this look good?

taken a bit of a pasting today. any indicators on the DOW as to whether we can see a mini intra-day recovery here say to 650? (I have it now L2 @ 617 - 625)

Dow indicator is to open about 100 lower ....... as posted elsewhere, this bloodbath must surely be overdone, so at least some respite would be reasonable to expect, even if not realised .... now indicating -140, but that may not happen - better hope not!

bravely bought back in a couple of days back at 658 ...... not quite sure why the sudden spurt for glory, but not to be knocked ...... good to see 25 dma just breached with no obvious resistance until about 718 where 200 dma is met

Morning all...........

Can't help wondering why the dip to 6.00 this morning?
All thoughts welcome.

Cheers
Amar

why don't you read items in NewsWatch .... it's all there

I think this has bottomed now and should start it nice rise back to 10 soon. Any views or holders?

wait to buy ..... Dow could soon be bashed - i.e. tomorrow evening after Fed announcement

....... or not!

having had a rush of blood after the results and, bearing in mind the markets' performance, an obvious reaction, i have just bought back in .... if the markets behave, a difficult call in itself, then there is no obvious resistance before 700/710 being the 200 dma

Can't see any reason for the big drop yesterday other than Ericcsson reporting slower sales. It seems a bit of a severe correction with the FTSE up over 100 points. Am I missing something before I buy back in a 548

i still hold, but confess it is a stock to try the patience at times