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

To: Wes Stevens who wrote (10977)6/21/2001 8:10:33 AM
From: 2MAR$  Read Replies (1) | Respond to of 19633
 
RESEARCH ALERT-Lehman cuts Sanmina estimates

NEW YORK, June 21 (Reuters) - Lehman Brothers on Thursday
said it had cut its 2001 earnings estimate on Sanmina Corp.
<SANM.O> to 88 cents per share from $1.07.
Lehman also lowered its 2002 estimate for the contract
electronics maker to 65 cents per share from $1.05.
San Jose, Calif.-based Sanmina on Wednesday warned that it
would miss third-quarter earnings estimates due to sluggish
demand and backed-up inventories in the technology sector.
Shares of Sanmina closed at $20.08 on Wednesday on Nasdaq.
The stock is off nearly 48 percent so far this year.
((--Nichola Groom New York Equities Desk 646-223-6016))
REUTERS



To: Wes Stevens who wrote (10977)6/21/2001 8:53:24 AM
From: oldirtybastard  Respond to of 19633
 
I have a paid First Call Web subscription (paid by someone else that is -g-)


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