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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (24950)2/11/1999 1:28:00 PM
From: Swami  Read Replies (1) of 120523
 
TQNT Here's more, from Briefing:

TriQuint Semiconductor Inc. (TQNT) 19 -3 1/8: --UPDATE-- Adams Harkness upgrades supplier of a broad range of high performance gallium arsenide integrated circuits from "sell" to "market perform" on slightly higher revenues; gross margins improved sequentially to 38.9%, but is 110 basis points below forecast; however, revenue visibility has increased for the next two quarters, although the Nokia business should continue to drag gross margins; lowers FY99 EPS estimate from $1.41 to $1.23 a share.....
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