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Technology Stocks : Intel Corporation (INTC)

INTC 47.43

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1:49 PM EST

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To: The Duke of URL© who wrote (164735)	4/30/2002 3:45:31 AM
From: John F. Dowd	Read Replies (1) of 186894

Duke: Great post. Here is another item that should help us smile: SAN FRANCISCO, April 29 (Reuters) - Texas Instruments Inc (TXN,Trade), the world's largest supplier of semiconductors for mobile phones, on Monday reaffirmed its guidance for sales in the current quarter, saying it believes it has turned the corner toward growth as the global chip industry begins to emerge from its worst ever-slump. "We think our semiconductor revenues will increase about 8 percent in the current quarter," Bill Aylesworth, chief financial officer for the Dallas-based company told a technology conference sponsored by Merrill Lynch here. Aylesworth also affirmed that the company sees overall revenue increasing 10 percent in the current quarter from the just-reported first quarter. "We believe that the future of wireless is bright," he said. JFD

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