Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: John Pitera who wrote (48301)	8/10/2000 11:45:51 AM
From: Original Mad Dog	Read Replies (2) of 63513

John, MCHP --- I mentioned this one to you as you were leaving on vacation and you asked me to remind you when you returned .... Today seems like a good opportunity to do so ..... biz.yahoo.com www2.marketwatch.com MCHP to beat expectations --9:41 am - By Michael Baron Microchip Technology (MCHP: news, msgs) is adding 3 1/2, or 5 percent, to 73 9/16. The Chandler, Ariz., microcontroller firm said it expects second-quarter sales and earnings to come in above Wall Street expectations. The company anticipates earnings of 50 cents a share for the September quarter, 2 cents ahead of the current average estimate of analysts polled by First Call. Revenue is forecast at $176 million, which would be 49 percent above revenue in the same period a year earlier. The company attributed the strong results to a favorable pricing environment, strong backlog visibility, and robust demand for all of its product lines.

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