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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Beltran who wrote (42926)3/2/2001 9:59:02 AM
From: advocatedevil  Respond to of 70976
 
Joseph, No doubt about it, the big money has been made on the short side. However, I'll gladly take a few of those "crumbs" while waiting for the turn-around.

BTW, can you show me where IDTI warned last week? I didn't see anything. It appears to me last night's press is NEW news: SANTA CLARA, Calif.--(BUSINESS WIRE)--March 1, 2001--IDT (Integrated Device Technology, Inc. (Nasdaq:IDTI - news)), a leading communications IC company, today announced during its regular mid-quarter investor teleconference that it has reduced its revenue and earnings outlook for the quarter ending April 1, 2001. Based on recent and projected order rates from customers, management now expects revenues in the fourth quarter of IDT's fiscal 2001 to be down approximately 20 percent from prior quarter revenues of approximately $279 million.

AdvocateDevil