Still in the early days of beta-testing , the LEV-96 is a far cry from the classic analog instruments we've come to associate with Moog.

ENGADGET: Moog shows off LEV-96 sensoriactuator prototype on an acoustic guitar

He also sliced his ratings on Intel, Analog Devices, Texas Instruments and Nvidia to Sector Perform from Outperform.

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Olofsson gained that chip design expertise while spending 15 years at Analog Devices (ADI) and Texas Instruments (TXN).

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Other competitors in the technology sector include: QUALCOMM (QCOM), Texas Instruments (TXN), and Analog Devices (ADI).

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Ellis notes that the stock is cheap, but suggests investors deploy new money in other stocks where order re-acceleration and fundamental catalyst prospects are brighter, including Analog Devices, Maxim Integrated Products and Texas Instruments.

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Elsewhere in semiconductors, Texas Instruments had much of its capacity to make analog chips knocked out with its Miho fab going down until May and full production not likely to resume until July.

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He comes to the company from Texas Instruments, where he was senior VP of the analog business.

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