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.

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

this is one of the very few bright spots today .... as i wite, 580 = +33 with quite heavy volume ...... can see no reason for this, but be thankful for small mercies!

HI all ...........

Results due Friday ......... tempted to buy in.

All views welcome.

My recent forays into buying in before results ............ has not been good!

Ceers
Amar

They do seem cheap but interesting they got hammered last week while the big telco and networking conference in Barcelona was on so there must not have been a good vibe.

Sorry to add a concurrent post but does anyone have any ideas why this is stuck around 415 despite the markets rises. Tempted to go long as clearly support at this level and results out next week but not sure if im missing something

I feel results would not be encouraging next week. Be cautious. This could go below 400p easily. DYOR.

be careful as this could rise, so be very very careful!

why

The results are quite good, looks cheap at 350p now. Looks oversold now.

hlyeo98 Thought the same bought 10k this morning @ 324p vastly oversold in my opinion

You did well to get 324. Tried 319 and waterhouse couldnt get a price so gave up when eventually went to 350

Some buys at 317p (8.25) perhaps buy now or get a new broker

i went to dinner and now its 321. Im sure it will fall further so will buy about 4.15pm (12.15am for me) as agree its oversold

Bought another 5k @ 318p Good Luck Everyone

Another stockmarket darling down the pan !, short of the day (taking WLF with it), must be a rebound somewhere along the way !, though might drop again tomorrow !, luckily not in.

Can someone please tell me what brokers you are using to get these prices. I have
used selftrade and td waterhouse and have found both worse than useless when it comes to activating stop losses, achieving decent volume at mkt prices etc. I dont mind paying more for a decent broker. All recommendations welcome

an ordinary stop loss is not much better than an indication ..... if you want to properly protected, you have to take a guaranteed stop loss


str* ..... only back in office after market close, but if that closing price is anything to go by, you were lucky not to place your order!

Could go either way tomorrow, risky... !

Sometimes if a stock drops very suddenly, the stoploss will activate a lot further down, I know : it has happened to me.