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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Earlie who wrote (48536)	12/18/2000 3:31:19 AM
From: oldirtybastard	Read Replies (2) of 436258

must be company specific... guess they still have their optical products to fall back on -vbg yahoo.cnet.com Separately, Mitel said it expects semiconductor sales to slow in the last two quarters of fiscal 2000. Sales will fall about 10 percent to $115 million from $128 million in the third quarter and remain flat through the fourth, Mandy said. Mandy blamed the slowdown on lower orders by U.S. network-equipment manufacturers. It will take at least two quarters for the customers to reduce their excess inventory of Mitel products, he said. ----------------------------------------------------------- About Mitel Mitel Semiconductor specializes in connectivity solutions for the communications and medical industries with a product range that includes components for both wired and wireless networks; microelectronics for enabling the convergence of voice and data; optoelectronic devices for high-speed Internet systems; and applications- specific integrated circuits (ASICs) for medical applications such as pacemakers and hearing aids. For more information visit Mitel Semiconductor. Mitel is a global provider of semiconductors and communications systems for converging voice and data networks in a rapidly evolving Internet economy. The company has annual revenue of $1.4 billion and employs some 6,000 people worldwide.

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