Tessera Technologies (TSRA)
Consequently, the host of patents, new technologies, customer wins, volume production at customers, ongoing strength in the DRAM market and the licensing model that supports attractive margins are positives. However, protection of intellectual property (IP) for a company this small is a challenge, as are the inherent pricing pressures in the DRAM market.
Our estimates reflect the poor performance we expect of Tessera, as the company is impacted by its own pricing policies. We continue to expect only slight sequential growth in each quarter of 2010, indicating another weak year. We are reiterating our Underperform recommendation on TSRA shares.
Tessera Technologies (TSRA) : FULL ANALYST REPORT
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Read the full analyst report on TSRA

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