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Technology Stocks : Semi Equipment Analysis

SOXX 270.83

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Nov 21 4:00 PM EST

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To: Return to Sender who wrote (2774)	4/15/2002 4:50:09 PM
From: The Ox	Read Replies (2) of 95456

TI beats Q1 targets --4:38pm - By Lisa Sanders Texas Instruments, which dominates the market for semicondutors used in wireless phones, reported first-quarter results ahead of expectations late Monday. Dallas-based TI (TXN) posted, on an operating basis, earnings of $24 million, or 1 cent a share, vs. $317 million, or 18 cents a share, in the year-ago period. Analysts polled by Thomson Financial/First Call were expecting TI to breakeven in the most recent quarter. The analysts also expected revenue to average $1.8 billion, up slightly from the $1.7 billion reported in the fourth-quarter of 2001. TI, which predicted revenue would be essentially flat from the fourth to first quarters, posted sales of $1.83 billion vs. $2.5 billion a year ago. Shares closed up 33 cents to $32.13 ahead of the announcement

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