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 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.

Where is the upside for shareholders?

prob somewhere else, much as i regret saying so about a former "lover"

At these prices its a buy and hold. I really didn't think the results were that disasterous. I know they lost a big proportion of these sales with Motorola pulling out of the hand held market but they have managed to actively diverisify 25% of their earnings from this market. I suspect we may be in the beginnings of a move down in the mkts so agree with cynic it could fall further and maybe a better entry point

Down again...possibly into the 290p's area soon !

its a tricky one the call. It is very tempting at these levels but likely to be a buy and hold

profit warnings and similar often come in threes ..... you are warned

Am I missing something, I did not see a profit warning, I saw growth and anyone with a brain bigger than pea must relise it will become tougher in the next couple of years, to me sound company with good product pipeline.
Overdone

looks like you were right required field heading South 290p or below

700202 ..... i think your comment may well come back to haunt you

cynic: Thanx for your confidence, will see, bought another 5k, balls where they should be.

At some future stage it will make a comeback... if you are already a shareholder stay put, if you have a bad position in cfd's or spreadbets, well that's a lot more tricky, but at the moment I would not buy any shares in this (diving knife syndrome) !

balls where they should be? ..... i take that to mean on the end of a sharp stick