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Technology Stocks : Semi Equipment Analysis

SOXX 303.84

+1.3%

Dec 22 4:00 PM EST

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To: robert b furman who wrote (8939)	3/11/2003 5:55:51 PM
From: Return to Sender	Read Replies (1) of 95622

Business Update: March 11, 2003 As a result of stronger than anticipated quarter-to-date resales, Altera is raising its guidance to 4% sequential growth for the March quarter. Strength is being driven by new product sales and the Stratix™ device family, and by growth in mainstream products. Previous guidance had been for flat sequential growth plus or minus 2%. Altera continues to experience growing market demand for its 0.13-micron-based Stratix and Cyclone™ device families. The company's Cyclone device family, which began shipping in December, is seeing a fast demand ramp as more than 225 customers have now taken delivery of Cyclone devices. Due to changing executive travel schedules, Altera has rescheduled its first quarter earnings release date. The company will now announce first quarter results on April 28, after market close. This business update is presented to help investors understand the general nature of Altera's business. This business update contains forward-looking statements about expected revenue growth which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements are subject to many uncertainties and risks related to the company's operations and business environment. The risks that the company faces may cause actual results to be materially different from any future results expressed or implied by such forward-looking statements. These risks are discussed further in the company's SEC filings which are available from the company without charge. altera.com

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