Making Money is Main Objective Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Making Money is Main Objective

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Softechie who wrote (875)	3/5/2001 9:41:59 AM
From: Softechie	of 2155

07:18 ET Vitesse Semi (VTSS) 37 13/16: Communications chip maker lowers Q2 outlook to $0.21-$0.22 from $0.26-$0.27 and reduces revenue forecast to $150-$160 mln from $180-$190 mln. Cites continuing loss of visibility among communications customers and the unexpected decline in storage applications. (Competitors: PMCS, BRCM, AMCC) 07:13 ET Cypress Semi (CY) 18.86: -- Update -- In response to customer request, adopts policy that will allow Cypress to continue to own inventory at the customer's designated warehouse until usage occurs. Change will reverse $9 mln in revenue for the qtr. Company also to change over accounting practices in European and Asian markets, resulting in $25 mln one-time revenue reduction. 07:04 ET Cypress Semi (CY) 18.86: Guides down Q1 outlook; puts sequential revenue decline for the qtr at approx. 24%, with EPS of $0.30-$0.34 (First Call mean $0.56).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next