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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 470.36+1.0%3:59 PM EST

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To: KevinThompson who wrote (17892)5/20/2002 4:30:15 PM
From: Susan G  Read Replies (1) of 26752
 
16:26 ET QCOM Qualcomm said to be comfortable with 2002 guidance (31.89 -0.60)
Hearing from traders, citing Reuters, that QCOM is comfortable with 2002 guidance and indicating that S. Korea is not as bad as expected.

16:19 ET CHRT Chartered Semi raises revenue guidance (23.10 -0.74)
The semiconductor foundry now expects Q2 revenues to grow approx 40% sequentially, compared to previous guidance of 25% growth. Puts its loss for the qtr at $0.76-$0.77 vs prior guidance of a $0.82-$0.84 loss (Multex consensus -$0.86).
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