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Technology Stocks : Semi Equipment Analysis

SOXX 299.48

-4.8%

Dec 12 4:00 PM EST

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From: Donald Wennerstrom	2/12/2009 11:49:29 AM
	1 Recommendation Read Replies (1) of 95579

February 11, 2009, 5:28 pm LTX-Credence Slashes FY Q2 Rev Guidance Posted by Eric Savitz LTX-Credence (LTXC) this afternoon cut its guidance for its fiscal second quarter ended January 31. The company, which makes test equipment used in the chip industry, now sees revenue for the quarter of $30 million, down from $37 million to $42 million. It said losses for the quarter will be worse than previously forecast.

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