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Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

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To: Donald Wennerstrom who wrote (54303)	10/20/2011 5:57:21 PM
From: Donald Wennerstrom	2 Recommendations Read Replies (1) of 95567

SanDisk beats by $0.13, reports revs in-line 4:11 PM ET 10/20/11 \| Briefing.com Reports Q3 (Sep) earnings of $1.20 per share, $0.13 better than the Capital IQ Consensus Estimate of $1.07; revenues rose 14.8% year/year to $1.42 bln vs the $1.42 bln consensus. Co reports Q3 non-GAAP gross profit margin of 44.3% vs. 42-44% guidance. "We again delivered record revenue and strong profitability, driven by robust demand in our diversified end markets... Our broad portfolio of innovative storage solutions positions us exceedingly well to capitalize on our numerous growth opportunities in smart mobile devices and consumer and enterprise computing platforms."

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