Obrem Capital Management

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SAN JOSE, Calif., July 24 /PRNewswire-FirstCall/ -- Micrel, Incorporated (Nasdaq: MCRL), an industry leader in analog, high bandwidth communications and Ethernet IC solutions, today announced financial results for the second quarter ending June 30, 2008. Second quarter revenues of $70.6 million were at the high end of the Company's guidance range, increasing by $4.5 million, or 7%, from $66.1 million in the first quarter. This represented Micrel's highest sequential revenue growth rate in four years. Second quarter revenues were up by $5.5 million, or 8%, from $65.1 million the year ago period. The sequential growth in revenues was led by stronger demand from customers serving the wireline communications, wireless handset, and Wifi voice-over-IP end markets, combined with record sales through the Company's global sell-through distributors. Second quarter 2008 GAAP net income was $7.2 million, or $0.10 per diluted share. This compares with first quarter 2008 GAAP net income ...

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SAN JOSE, Calif.--(BUSINESS WIRE)-- Micrel, Incorporated (Nasdaq: MCRL) today announced that Obrem Capital Management LLC has withdrawn its slate of nominees for the Micrel Board of Directors and agreed to support the Company's nominees at the 2008 annual meeting of shareholders. "We are pleased ...

In an amended 13D filing on MDS Inc. (NYSE: MDZ), 5.3% (plus an additional 2.2% economic exposure) holder Obrem Capital disclosed a letter to the Board expressing their ...