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Strategies & Market Trends : Guidance and Visibility

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To: SusieQ1065 who wrote (7418)	7/19/2001 4:21:55 PM
From: SusieQ1065	Read Replies (1) of 208838

IDEC Pharm (IDPH) 51.60 -1.17: Reports Q2 earnings of $0.15 a share, in line with the First Call consensus of $0.15, vs year-ago earnings of $0.09; revenues rose to $64.8 mln from $39.0 mln year-ago; $58.1 mln of revenues were from company's joint arrangement with Genentech (DNA) for the sale of Rituxan. PMC-Sierra (PMCS) 31.30 +2.30: Company reports Q2 net loss of $0.08 per share, in line with consensus; reports Q4 revs of $94.1 mln vs. consensus of $93.2 mln; "current revenue trends are a direct result of inventory build up in the supply chain but data points indicate that inventory is burning off at our customers and the contract manufacturers." see press release.

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