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Technology Stocks : CHPS
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To: Rosemary who wrote (1585)6/26/1997 10:30:00 AM
From: CalculatedRisk   of 2740
 
Rosemary, RE: earnings and revenues this quarter. How much should we expect revenues to decrease this quarter; to $33 million or so? It looks like the analysts (at $0.17) are expecting a very poor quarter.

Last quarter the CFO warned of a 5 to 10% sequential revenue drop - it ended up 20%. This quarter, the Company said: "The Company expects net sales for the next quarter will decrease sequentially, primarily due to product transition issues." Another 10 to 20% decrease?

Regards, Bill
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