Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Teradyne -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (1158)	11/20/2000 3:30:49 PM
From: Jerome	Respond to of 1184

TER is having a great day. Some minor news on an order but not enough to justify the stock price movement. Even the share buy back would not account for it all, since it represents about 10 days of trading volume. Any other insights appreciated. Jerome

To: Donald Wennerstrom who wrote (1158)	1/12/2005 12:04:27 PM
From: Proud_Infidel	Respond to of 1184

Teradyne to close California plant, cut 320 jobs, says report By Peter Clarke Silicon Strategies 01/12/2005, 6:22 AM ET LONDON — One of the world's largest automatic test equipment providers, Teradyne Inc. (Boston, Maass.), is the latest to be hit by a downturn in the ATE market and has said it plans to close a plant in Poway, California, and fire 320 employees, according to a Bloomberg report on the LA Times website. The report said the cut would affect Teradyne's connection systems division and its assembly test division and cited a regulatory filing Tuesday (Jan. 11) as its source. Teradyne has set aside US$11 million for costs associated with the job cuts and plant closure and the moves would be completed in the first quarter of 2005, according to the report. Teradyne's lay-offs follow cuts at inTest and Credence in November 2004. In the same month market research firm Gartner said that between 20 percent and 40 percent of all ATE companies would have to close down over the next decade.