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 : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (16524)	9/17/2001 10:30:13 AM
From: 2MAR$	Respond to of 208838

DJ Microchip Tech/Estimate -2: Street Sees 2Q Net 16c/Shr CHANDLER, Ariz. (Dow Jones)--Microchip Technology Inc. (MCHP) reaffirmed its earlier second quarter guidance of sales between $136 million and $141 million. In a press release Monday, the company said it expects fiscal second quarter earnings of between 15 and 17 cents a share, and noted that backlog cancellations and push-outs have returned to near normal levels. The company expects second quarter gross margins of about 50%, and noted that expectations on research and development, capital spending and cash flow are unchanged. A Thomson Financial/First Call survey of eight analysts produced a mean earnings estimate of 16 cents a share for the company's second quarter ending Sept. 30. -Gregg Henglein; Dow Jones Newswires; 201-938-5400 (END) DOW JONES NEWS 09-17-01 10:28 AM