Picks of the quarter Message Board

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Strategies & Market Trends : Picks of the quarter

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To: Taro who wrote (4714)	1/9/2008 6:18:07 AM
From: Elroy	Read Replies (1) of 20435

Odd. Qlogic is pre-announcing Q4:07 results....to the upside? Who'd a thunk it? QLogic Announces Preliminary Third Quarter Results for Fiscal Year 2008 Wednesday January 9, 6:00 am ET Final Results to be Announced on Wednesday, January 23 biz.yahoo.com ALISO VIEJO, Calif.--(BUSINESS WIRE)--QLogic Corp. (NASDAQ:QLGC - News), a leader in networking for storage and high performance computing (HPC), today announced preliminary results for its third quarter ended December 30, 2007. QLogic expects to report net revenues in the range of $155 million to $157 million for the third quarter of fiscal year 2008, compared to the previously forecasted third quarter net revenue range of $147 million to $151 million. The preliminary third quarter revenue range represents approximately 10-12 percent sequential revenue growth from the $140.3 million reported by the Company for the second quarter of fiscal 2008.

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