MEMSIC INC (NASDAQ:MEMS), Down By 11.95% ($0.41) From $3.430 After BUYINS.NET Report Predicted Weakness After Earnings
May 24, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, May 9th 2011 stating that MEMSIC INC (NASDAQ:MEMS) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/tools/symbol_stats.php?sym=mems
At the time this story was written, MEMSIC INC (NASDAQ:MEMS) is Down By 11.95% ($0.41) From $3.430 since the BUYINS.NET report was released.
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MEMSIC INC (NASDAQ:MEMS) - MEMSIC, Inc. provides semiconductor sensor systems solutions based on micro electromechanical systems (MEMS) technology and mixed signal circuit design worldwide. It offers accelerometer products that are used to measure tilt, shock, vibration, and acceleration. These products have a range of applications in mobile phones; automotive safety systems consisting of airbags, rollover detection, electronic stability control, and navigation systems; and video projectors, as well as for business, industrial, and medical applications. The company also develops various types of sensor solutions, such as MEMS-based magnetic sensors that provide enhanced digital compass capabilities for mobile applications comprising cell phones and personal navigation devices. In addition, it provides wireless sensor technology and inertial MEMS sensors, and the eKo product line for environmental monitoring. The company sells its products to distributors, or to original equipment manufacturers and original design manufacturers. MEMSIC, Inc. was founded in 1999 and is headquartered in Andover, Massachusetts.
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