Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 299.81

+2.7%

Dec 19 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald Wennerstrom who wrote (1550)	1/7/2002 5:14:02 PM
From: Return to Sender	Read Replies (1) of 95616

Altera Sees Sales Off 7 Percent Vs 3rd Quarter dailynews.yahoo.com SAN FRANCISCO (Reuters) - Specialty chipmaker Altera Corp. (Nasdaq:ALTR - news) on Monday narrowed its sales guidance for the fourth quarter, saying that revenues would decline about 7 percent from $174.2 million reported in the third quarter. Previously, the San Jose, California-based company said sales would decline 5 percent to 10 percent sequentially. Altera also said it would take charges of about $53 million for writing off inventory and writing down assets. ``It appears that we have seen the bottom of this cycle,'' John Daane, president and chief executive, said in a statement, referring to the cyclical semiconductor industry. ``We look forward to modest growth in the March quarter. The new guidance implies fourth-quarter sales of about $162 million. Analysts forecast sales at $164 million, according to Thomson/Financial First Call. ALTR is up 5% after hours. RtS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next