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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: 2MAR$ who wrote (506)1/4/2001 10:08:28 AM
From: 2MAR$  Read Replies (1) of 6445
 
Bought GSPN preannouces beating expectations

GlobeSpan to Meet or Exceed Fourth Quarter Consensus Estimate for Revenues and
Pro Forma EPS


Business Editors

RED BANK, N.J.--(BUSINESS WIRE)--Jan. 4, 2001--GlobeSpan, Inc.
(NASDAQ: GSPN), a leading provider of integrated circuits, software,
and system designs for digital subscriber line (DSL) applications,
today announced it would meet or exceed consensus estimate for
revenues and pro forma EPS for the quarter ended December 31, 2000.
GlobeSpan also announced it would report its results for the
quarter and year ended December 31, 2000 after the market close on
January 25, 2001. Further information for GlobeSpan's quarterly
conference call with investors will be provided at a later date.

About GlobeSpan
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