Business
Integrated Silicon slides on warning
Integrated Silicon Solution joined the warnings parade and said it that it will miss revenue and earnings for the second quarter. Integrated Silicon Solution shares were off 7 percent, or down 93 cents to $11.
Integrated Silicon Solution joined the warnings parade and said it that it will miss revenue and earnings for the second quarter.
Integrated Silicon Solution shares were off 7 percent, or down 93 cents to $11.51 ahead of Tuesday's opening bell on the Island ECN. The company makes memory semiconductors used in Internet access devices, networking equipment, telecom and mobile equipment, and computer peripherals for customers like Cisco, Motorola and others who have been affected by the economic slow-down.
Back in December, the company had raised its projections for its first quarter, which caused a nice rally for the stock since most other chip makers had been issuing profit warnings. --Tiffany Kary, ZDNet Inter@ctive Investor