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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (138199)	6/26/2001 5:09:11 PM
From: GVTucker	Respond to of 186894

2Q warnings aren't that big a deal, it seems. XLNX is only down a couple of points since resuming trading.

To: Paul Engel who wrote (138199)	6/26/2001 6:44:29 PM
From: Road Walker	Read Replies (1) \| Respond to of 186894

And another replay: Vitesse now sees third-qtr loss instead of profit CAMARILLO, Calif., June 26 (Reuters) - Communications chipmaker Vitesse Semiconductor Corp. (NasdaqNM:VTSS - news) said on Tuesday that it will have an operating loss in the third quarter, rather than an expected profit, due to continuing weak demand and order cancellations. The Camarillo, California-based company said it now sees a loss of 6 cents a share before one-time items on sales of about $60 million. The per-share estimate for a loss excludes the amortization of goodwill and deferred compensation as well as anticipated restructuring and other charges. When the company reported fiscal second-quarter earnings on April 16, it had forecast third-quarter sales of $90 million to $110 million and pro forma earnings per share of 3 cents to 7 cents. Analysts had forecast the company to earn 3 cents a share, with estimates ranging from a profit of 6 cents to a loss of 2 cents, according to research firm Thomson Financial/First Call. Sales were forecast at $93.7 million. The company also said that its earlier job cuts were sufficient to bring the company's costs in line with desired levels and added that no more firings were required.