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Technology Stocks : SWKS - Skyworks Solutions, Inc (was AHAA)
SWKS 64.40+1.6%Jan 2 9:30 AM EST

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To: William N. Kammer who wrote (496)7/19/2000 4:36:50 PM
From: All Mtn Ski   of 1698
 
I liked this section, but the news is so good, we are guaranteed to lose another 10% tomorrow.

``Alpha continued to make strides operationally, strategically and financially in the first quarter,'' stated David Aldrich, President and CEO of Alpha. ``We increased revenues by 70% over last year, and by 16% over last quarter, and we improved our operating margins. While the numbers are impressive, the dynamic behind them is even more significant.

``We have diversified our customer base in the wireless market and achieved a record number of new design wins during the quarter - our life blood. We have gained market share with the top tier handset OEMs while increasing our penetration of new and emerging customers. As anticipated, sales to Ericsson grew to 14% of total sales. Sales to Motorola increased, but now represent a smaller percentage of our total sales than last quarter. We continue to increase share with Motorola and are designed into virtually all of their newly released handsets. Also during the quarter we successfully completed the acquisition of Network Device Inc. Our margins improved during the quarter even with the absorption of NDI.''
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