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What: Shares of Trident Microsystems
So what: Rival home entertainment chip designer Zoran
Now what: Trident's management explained that "industry softness and share loss from supply constraints earlier in the year" will keep sales down in the coming quarter, which is almost exactly what Zoran said the day before. Unlike Zoran, which is thinking about a wholesale change of direction to overcome its troubles, Trident has a strong pipeline of new products coming up in 2011. Fellow Fool Rich Duprey thinks Trident is a good way to ride the coattails of Netflix
Interested in more info on Trident? Add it to your watchlist by clicking here.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. Netflix is a Motley Fool Stock Advisor selection. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.