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Strategies & Market Trends : Steve's Channelling Thread

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To: James Calladine who wrote (17287)	6/7/2001 5:16:34 PM
From: Alex MG	Read Replies (1) of 30051

While INTC doesn't change guidance the rest of the market is not as good... Lattice Semi (LSCC) 25.90 +2.40: Company warns for June qtr; sees revenues down 30%, CEO, Cyrus Y. Tsui, "As we have no visibility, our current outlook assumes no near term improvement in business levels." California Micro (CAMD) 6.60 -0.11: Company warns for Q1; sees loss of $0.20-0.25 per share; current EPS estimate is ($0.10); sees revenue in the range of $7.6 to $8.4 mln, which would be down 30% from last quarter Rockwell Intl (ROK) 45.26 -0.87: Company warns for Q3; sees EPS of $0.45, vs estimate of $0.82 due to a decline in revenue in the automation business. Automation revenue is now expected to be approximately 15% below last year's Q3; cites further deterioration in North American industrial automation markets. Company also to reduce its workforce by approximately 1,000 and consolidate and close facilities. TranSwitch (TXCC) 14.86 +0.96: -- Update -- Company warns for Q2; sees loss of $0.10-$0.12 vs $0.05 profit anticipated by analysts; projects revenues of $10-$12 mln (consensus $29.8 mln); cites telecom weakness in N. America, which is now spreading Europe and some parts of Asia. Handspring (HAND) 8.90 -0.10: Company warns for Q4; sees revenues for the period of $60-$65 mln (consensus $121.5 mln); cites short-term competitive inventory pressures, significant price reductions throughout the market and softened consumer demand over the past two months. 3Com Corp (COMS) 5.66 +0.16: -- Update -- Company warns for Q4; reduces Q4 revenue est. to $450-$475 mln (mean $556 mln)

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