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
Interested in more info on Monolithic Power? Add it to your watchlist by clicking here.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. 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.