Microchip technology (MCHP) Message Board

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Technology Stocks : Microchip technology (MCHP)

MCHP 51.21

+0.5%

3:59 PM EST

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To: Clint E. who wrote (294)	4/1/1998 4:45:00 PM
From: Marc D.	Read Replies (1) of 475

MCHP Warns: Only missed by 10%...I wonder what will happen tomorrow. Based on the stock action recently, I think the market was expecting more of a miss. Aftermarket trades in the 19 3/4 to 20 1/2 range. From Briefing.com: "Microchip Technology (MCHP) 21 1/8 +1/8: designer of programmable 8-bit microcontrollers says it sees Q4 sales and earnings about 10% below Street estimates. According to First Call, MCHP was expected to earn $0.30 a share for the qtr vs yr-ago earnings of $0.30...."

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