IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

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Mar 29 5:00 PM EST

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To: SemiBull who wrote (11424)	8/29/2002 7:02:52 PM
From: SemiBull	Read Replies (1) of 11555

Integrated Device says Q2 revenue will be flat SANTA CLARA, Calif., Aug 29 (Reuters) - Integrated Device Technology Inc. (NasdaqNM:IDTI - News), a maker of microchips for high-speed communications and networking devices, on Thursday said second-quarter revenue will be "essentially flat" with the previous quarter. The company said revenue in the first quarter, which ended June 30, was $91.8 million. Last month, Integrated Device said growth rates in the markets it served were uncertain as it entered the second quarter. Shares of Santa Clara, California-based Integrated Device closed up 30 cents, or about 2 percent, at $13.67 in Nasdaq trading on Thursday.

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