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Technology Stocks : Seeking investment advice on CHPS or DAWK
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To: Rosemary who wrote (3)11/4/1996 9:16:00 PM
From: BobMonski   of 55
 
Rosemary,

I found the following news item on CHPS which confirms we have at least one more good quarter to come:

CHIPS & TECHNOLOGIES (CHPS)
Chips and Technologies Inc. expects its gross margin for the second
quarter (ending 12/31/96) of fiscal 1997 to remain at approximately the
same level as the first quarter's 47.8%. The second quarter of fiscal
1996 saw a gross margin of 39.1%. The company forecasts its net sales
will increase sequentially in the next quarter from the first quarter's
$44.5 million. First-quarter sales increased over fourth quarter sales
of $38.8 million. Revenues have risen sequentially since the firm
recorded a dip in sales for the third quarter of fiscal 1996 when sales
dropped to $36.5 million from $38.3 million in the second quarter.

Dave
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