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Strategies & Market Trends : Ask DrBob

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To: shoreco who wrote (33039)	5/9/2001 9:10:47 AM
From: shoreco	of 100058

More "Good" news............ National Semiconductor (NSM) warned that it expects sales to fall 16-18 percent. The company will eliminate 1,100 jobs, or 10 percent of its global workforce during the fourth quarter. The company projected it will post a pro forma net loss of 4 cents a share to breakeven, with revenue of approximately $390 million to $400 million in the fourth quarter. Analysts expected the company to earn 4 cents a share, with sales of $427 million for the fourth quarter. National Semi anticipates that its cost-cutting measures will save the company $70 million to $80 million annually. Microsoft (MSFT) says it expects to launch its long anticipated Window XP on October 25. (It looks like they will miss the back to school rush)........ Oracle Corp. (ORCL) will have a tough time meeting its reduced sales forecasts, according to analysts. Not to mention 3com, BRCD and alot more .........stay tuned EOM Shortco

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