Wednesday, December 21, 2005 7:24:11 AM ET
Dow Jones Newswires
1112 GMT [Dow Jones] Goldman Sachs is upbeat about Wolfson Microelectronics (WLF.LN) ahead of Christmas, noting its channel checks suggest "Wolfson's 4Q is shaping up at least in line with our and consensus forecasts." Scarce availability of some products, including the iPod, PSP, Xbox 360, Tom Tom at retailers, and extending lead times suggest additional spill over of revenues into 1Q, providing additional visibility into 2006. "Despite the shares' strong recent rally, we continue with our positive view given the company's exposure towards some of the strongest product cycles in the industry." Has outperform rating. Shares +1.6% at 308p. (LEV)
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