Tuesday, August 21, 2012 5:56:12 AM
A CFO departs suddenly and the standard comment "to pursue other opportunities" is the stated reason.
http://ih.advfn.com/p.php?pid=nmona&article=53839331
Tessera has stopped telling analysts just about everything that is needed to evaluate the company and it's prospects. At the end of this year, they have stated they won't even be giving guidance any longer.
They never did announce their much anticipated camera module design win which they told us in 2011 was coming in the first half of 2012. IMHO, if there was any question about whether or not it could be announced....why not keep it completely on the QT until it could be announced.
The management of Tessera has recently become very unfriendly to investors and analysts alike. It makes you wonder....what is really going on?
Maybe we'll get some clarity by early 2013.
JMHO,
NJ
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