Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Monolithic Power Systems
So What: The maker of power-handling semiconductors fell just short of analyst targets in the third quarter, but followed up with thoroughly disappointing guidance for the next period. Management blames the upcoming shortfall on a one-two punch of high distributor inventories and weak end-customer demand.
Now What: We've seen fourth-quarter warnings from a plethora of high-tech businesses lately, but none from direct Monolithic competitors such as Texas Instruments
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