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Technology Stocks : ADSL IS DEAD -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (53)1/5/2001 4:57:32 AM
From: zbyslaw owczarczyk  Read Replies (1) | Respond to of 135
 
DSL components shipment UP!!!!!!!!!!!
TXN see similar trend
NEW YORK (Reuters) - GlobeSpan Inc. (NasdaqNM:GSPN - news), a developer of
digital subscriber line integrated circuits that deliver high-speed communications over
phone lines, said on Thursday that its fourth-quarter pro-forma earnings and revenues
would meet or exceed estimates.

It provided no details in a statement.

Analysts on average expect the company to post earnings of 19 cents a share, up from 1
cent a year ago, according to First Call/Thomson Financial.

The company's shares rose $2-53/64, or about 10 percent, to $31-1/4 on Nasdaq on
Thursday.