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.

Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (10645)	6/14/2001 7:31:55 AM
From: Tom Hua	Respond to of 19633

Good morning Paul, FO stocks may be under pressure today. ML cuts GLW. 07:26 ET Texas Instruments (TXN) 34.02: Prudential reduces FY01 est. to $0.24 from $0.35 and FY02 to $0.30 from $0.55 to reflect the continuation of soft bookings trends. Firm maintaining numbers for Q2 as it appears that company will not need to pre-announce this qtr. 07:15 ET Corning Inc (GLW) 17,35: Merrill Lynch lowers near-term rating to NEUTRAL from Accumulate. Recent field checks suggest that results in GLW's high margin fiber business (20-25% of sales) over the next few quarters will be below firm's worst case scenario. Reduces FY01 est. to $0.75 from $0.85 and FY02 to $0.80 from $1.00. 07:10 ET Silicon Storage (SSTI) 10.67: After the close, company lowered Q2 earnings outlook to $0.00-$0.03 (consensus $0.06); company sees revenues of $60-$68 mln vs $83 mean estimate; cited excess inventory at customers and continuing slowdown in new orders. Regards, Tom