Market Gems-Trading Strong Earnings Growth and Momentum Message Board

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

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To: Jenna who wrote (6145)	3/8/2001 8:06:46 PM
From: Jenna	Read Replies (1) of 6445

Teradyne Revises Outlook for March Quarter THURSDAY, MARCH 08, 2001 7:25 PM - BusinessWire BOSTON, Mar 8, 2001 (BUSINESS:TER) today announced that it is lowering its guidance for sales and earnings for the first quarter of 2001 and has put several expense control measures into effect. "The current economic environment has dramatically reduced demand for our customers' products. They therefore need fewer products and services from us. This is resulting in new order delays, as well as in rescheduling and cancellation of some of our backlog " said George Chamillard, Teradyne's chairman and chief executive officer. "Our sales and earnings for the March quarter will therefore be lower than previously expected."

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