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To: chartseer who wrote (29922)3/13/2001 9:23:59 AM
From: Kelvin Taylor  Respond to of 53068
 
Even with this qrt's lower estimates ISSI will be trading @ PE <10

Tuesday March 13, 7:17 am Eastern Time
Integrated Silicon lowers March quarter estimates

SANTA CLARA, Calif.,, March 13 (Reuters) - Integrated Silicon Solution, Inc. (NasdaqNM:ISSI - news), a maker of high-performance memory semiconductors, said Tuesday its fiscal second-quarter revenue and earnings will be lower than expected because of the slowing U.S. economy.

The Santa Clara, Calif.-based company estimated revenue in the quarter ending in March will be approximately $52 million to $54 million.

Earnings are estimated to be 28 cents to 31 cents a share, up from 14 cents a year ago but below the 44 cents in the December quarter. It had been expected to earn 47 cents a share, according to First Call/Thomson Financial.

``Like many other companies in our industry, we have recently received order cancellations and order reschedules that have impacted revenue,'' said Jimmy Lee, chairman and chief executive officer, in a statement