Deutsche Bank to release Fairchild Semiconductor's December Quarter Results Thursday


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Deutsche Bank says that Fairchild Semiconductor (NYSE: FCS) is likely at the low end of guidance for 4Q11. “Like most of its semiconductor peers, we expect FCS to report 4Q results near the low end of original guidance due to industry-wide soft demand and inventory reduction. The company guided revenue to be in the range of $350-370m (down 8-13% q/q), GM of 32-34%, and operating expenses of $92m. We recently lowered our estimates to revs/EPS at $350m (-11% q/q)/$0.13, below Street estimates of $360m/$0.17,” Deutsche Bank reported. Deutsche Bank maintains its Buy rating and $15.00 PT on Fairchild Semiconductor, which closed Friday at $12.92.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Analyst ColorPrice TargetAnalyst RatingsDeutsche Bank