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Strategies & Market Trends : Effective Trading In Our Markets. Learn, then Earn

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To: Jerry Olson who wrote (1586)	9/9/2002 8:42:50 AM
From: 2MAR$	Read Replies (1) of 1854

CYMI --->Commenting on the outlook and general business conditions, Akins stated, "In our July 22 conference call, we said that utilization rates of our light sources had trended lower in the last month of the second quarter. This downward trend has continued in the third quarter, reflecting the overall slowing of the pace in semiconductor demand. At this time, our visibility has again contracted to less than one quarter, and we now expect our book-to-bill ratio to be less than one for the third quarter. With slowing semiconductor demand and reduced industry capital spending, we currently expect that revenue in the fourth quarter will be lower than the anticipated third-quarter level."

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