Freescale Semiconductor (FSL) reduced its Q3 revenue guidance. Freescale now projects $1.13 – $1.15 billion compared to consensus of $1.19 billion.
Our analysis shows that this short fall is more likely company specific although Freescale in its statement blamed industry demand.
If and when six screens of the ZYX Change Method are satisfied, we will issue a buy signal on the Real Time Feed of the ZYX Buy Change Alert.