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Strategies & Market Trends : Guidance and Visibility

AAPL 272.98

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12:32 PM EST

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To: Patzack who wrote (36182)	12/10/2001 2:32:30 PM
From: KevinMark	Read Replies (1) of 208838

The stock was accumulated big time under 7 this am. I love this BS call by Salomon Smith Barney. Monday December 10, 11:59 am Eastern Time RESEARCH ALERT-Salomon cuts Centillium to 'outperform' NEW YORK, Dec 10 (Reuters) - Salomon Smith Barney on Monday cut its investment rating on Centillium Communications Inc. (NasdaqNM:CTLM - news), a maker of high-speed Internet equipment technology, to ``outperform'' from ``buy.'' Analyst Clark Westmont, in a research note, cited the company's slower-than-expected ramp-up in customers' central office asymmetric digital subscriber line (ADSL) platforms. That could delay the recovery in Centillium's overall sales trend, he said. ``On the positive side, we believe the ADSL end-market environment is improving, and the valuation is appealing,'' Westmont wrote. ``Our $12 price target is justifiable on valuation alone, in our opinion.'' Centillium shares closed Friday at $8.85.

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