O2Micro Dives 20.3% on Warning

 

O2Micro(OIIM Quote) was down 20.3% in midmorning to a 52-week low of $6.88 after it warned that fourth-quarter earnings per share would be 5 cents, 1 cent below the First Call/Thomson Financial estimate. The integrated circuitmaker said sales would be about flat with the third quarter's.

O2Micro, which went public in August, is down from a high $28.63 on Sept. 1.
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