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Technology Stocks : CTLM & DSL

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To: LemonHead who wrote (4)	10/25/2001 11:08:03 AM
From: LemonHead	Read Replies (1) of 15

Downgrade on 3Q Earnings biz.yahoo.com Related Quote CTLM 4.57 -0.05 delayed 20 mins - disclaimer Quote Data provided by Reuters Tuesday October 23, 12:00 pm Eastern Time RESEARCH ALERT-Centillium price target halved NEW YORK, Oct 23 (Reuters) - Credit Suisse First Boston said analyst Charlie Glavin cut his price target on U.S. integrated circuits maker Centillium Communications Inc. (NasdaqNM:CTLM - news) to $18 from $36 on Tuesday. In a report, Glavin said third-quarter results posted on Monday were slightly better than forecast. However, Centillium, which makes integrated circuits for digital subscriber line (DSL) equipment, forecast a decline of 23 to 27 percent in revenues because of stalling DSL sales in Japan. Digital subscriber lines allow high-speed Internet access over conventional copper phone wires. Centillium shares were off $2.31, or 28 percent, at $6.03 in morning Nasdaq trading.

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