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Technology Stocks : Spansion Inc.

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Apr 16 5:00 PM EST

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From: NicoV	4/8/2008 4:35:22 PM
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Earnings warning: Spansion Provides Preliminary First Quarter 2008 Net Sales Results SUNNYVALE, Calif., April 8, 2008, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Spansion Inc. (Nasdaq: SPSN), the world's largest pure-play provider of Flash memory solutions, today announced that preliminary net sales for the three months ended March 30, 2008 are expected to be approximately $570 million compared with the company's previously provided outlook of $580 million to $640 million. The net sales shortfall was primarily a result of weak business conditions in China during the quarter. Outside of China, net sales and pricing were generally in line with the company's expectations.

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