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.

sentiment linked to the perception that both and $ are oversold especially against

another crap share

you stupid little man, in all its connotations and senses ...... actually, you will be grieved to know that i sold at a nice profit 7/10/14 days ago!

lol in your dreams

nope ... in my bank!

is that the muslim bank?

oh do stop making such a total ass of yourself, or are you so purblind that you cannot see it? .... frankly, i care not one iota whether or not you believe i made a (quick) profit on CSR.

hmm! .... worth contemplating a little flutter here again with sp poking its nose through 25 dma ...... 50 dma only about 20p higher but lots of scope if that barrier is broken

cynic looks like you made a good call, rising nicely.

i called it right but have not bought myself!
i remain very nervous of Dow, so will. watch this afternoon

cynic did you go back in, any mileage left in this one?

don't remember but must have traded if i did as not there at present ...... good call though wasn't it

4 days ago i was slightly rueful that i ahd not bought back in ..... now i am delighted as sp has been hammered (-64) after release of employment figures in US

Nokia announcement hit all chip related shares.

Below 200p...I think weakness prevails now for CSR...lost of demand

maybe ..... just nosed below 9 dma.....

Cynic, results out tomorrow for CSR...bad news expected.

i am short here and well in the money, though with Dow rocketing tonight, that paper profit may get trimmed quite smartly

I am short too but don't worry, Dow will nose-dived by end of week to near 8000

i am also short of Dow as of late last night