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Politics : Formerly About Applied Materials

AMAT 260.77

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Dec 24 12:59 PM EST

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To: StanX Long who wrote (63341)	5/1/2002 1:15:53 AM
From: StanX Long	Read Replies (1) of 70976

Alpha Industries reports 14.8% sequential drop in sales during quarter Semiconductor Business News (04/30/02 19:33 p.m. EST) siliconstrategies.com WOBURN, Mass.--Alpha Industries Inc. today reported net sales sequentially dropped 14.8% to $28.2 million in the company's fiscal fourth quarter, ended March 31, compared to $33.1 million in the prior three-month period. Alpha's sales were 47.7% lower than $54.0 million in the quarter last year. The supplier of radio-frequency semiconductors posted a net loss of $8.5 million in the just-ended quarter, including one-time charges for its purchase of Aimta Inc.--a supplier of ceramics for modules (see March 15 story)--and expenses related to its planned merger with the wireless business of Conexant Systems Inc. (see Dec. 17 story). In March, Alpha lowered its guidance for the just-ended quarter. "We met the revised top-line and bottom-line guidance provided to investors in March," said David Aldrich, president and CEO of Alpha. "As we announced at that time, our fourth-quarter results reflected a decline in wireless infrastructure spending by global telecom carriers, and short-term delays in two power amplifier orders. We expect these orders to begin ramping in the current quarter."

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