Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 154.12

-0.9%

Jan 20 3:59 PM EST

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To: im a survivor who wrote (103774)	9/5/2001 9:53:03 AM
From: Cooters	Read Replies (1) of 152472

Texas Instruments confirms Q3 outlook, revenue fall WASHINGTON, Sept 5 (Reuters) - Texas Instruments Inc. <TXN.N> confirmed on Wednesday its third quarter outlook, saying it expected revenues to fall 10-15 percent sequentially as many of its semiconductor customers reduce inventories because of weak demand for their own products. In a filing with the Securities and Exchange Commission, the world's No. 1 maker of computer chips for mobile phones also said earnings per share will decline to a loss of a "few cents" before special charges and amortization of acquisition-related intangibles. In addition, non-operating income is expected to decline to about $20 million because of reduced interest income. The shares of the Dallas, Texas-based company closed on Tuesday at $32.10 on the New York Stock Exchange. In pre-open trading on Wednesday the stock was up to $32.90. 09:24 09-05-01

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