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To: shane forbes who wrote (12376)	5/14/1998 8:08:00 PM
From: RFF	Read Replies (1) of 25814

NSM warning about operating losses for the next couple qtrs and a big drop in revenues. From Briefing.com: National Semiconductor (NSM) 20 1/2 -5/16: manufacturer of analog intensive, mixed signal and other integrated circuits is warning that it expects to record a loss in Q4 and Q1 due to inventory correction and product transition; sees Q4 revenues declining by as much as 20% below year-ago level of $574.1 mln; according to First Call, NSM was projected to lose $0.19 in Q4, vs year-ago profit of $0.36 a share.... I guess we'll get collateral damage as always. If it breaks $23, I'm backing the truck up and will double my position - this is getting pretty ridiculous now........

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