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Technology Stocks : Semi Equipment Analysis

SOXX 302.84

+2.0%

Dec 2 4:00 PM EST

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To: Elroy who wrote (82390)	1/24/2019 11:58:58 PM
From: Sam	Read Replies (1) of 95515

They are targetting $800m in annual expense reduction, not $100m. Lastly, we are implementing substantial cost and expense reductions across the company. In total, we are targeting $800 million in annualized reductions in non-GAAP cost and expenses. Mike and Mark will provide further details in their prepared remarks. The long-term growth opportunities for our business remain unchanged. Transformative trends such as artificial intelligence, machine learning, autonomous vehicles, mobility, and IoT will continue to drive massive amounts of data that needs to be captured, preserved, accessed, and transformed. seekingalpha.com

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