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To: Johnny Canuck who wrote (35286)	11/28/2001 3:36:52 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68661

CSFB Notes from Briefing: 18:46 ET Texas Instruments (TXN) 32.58 +0.13: -- Update -- At CSFB Annual Technology Conference, CEO Tom Engibous reconfirms TXN's Q4 2001 outlook, as previously stated in October... In Oct. 17 Q3 release, company said "pro forma loss per share will be about 6 cents more in Q4, compared with Q3" loss of $0.03, putting Q4 at a loss of about $0.09 (Multex consensus loss of $0.08); see press release. 17:30 ET Celestica (CLS) 41.52 -0.43: -- Update -- At conference, company withdraws its 2003 goal of $20 bln in revenue. "We could still get there in 2004. It's tough to make that call in this marketplace."....Company sees total market for outsourcing for the industry for 2002-04 at a healthy $200 bln...stock at 41. 17:24 ET Celestica (CLS) 41.52 -0.43: At CSFB Tech Conference, company says it is comfortable with guidance and is seeing "stability" in its business. 17:05 ET Flextronics (FLEX) 25.55 +0.73: -- Update -- Hearing from traders that Bloomberg is reporting, CEO says company winning business from new customers, won 3 new contracts in last two weeks worth $800 mln. Reiterates guidance for EPS of $0.15-0.18 cents on revs of $3.3-3.5 bln. 16:57 ET JDS Uniphase (JDSU) 11.24 -0.48: At CSFB tech conference, says its Global Realignment Program is proceeding at a more rapid pace than it expected; had peak employment of 29K in January, but total number of employees is projected to be 13K by end of Nov.... closed 11 manufacturing sites by end of Sept., bringing its total down to 30; expects to be down to 24 sites by end of Dec... anticipates annual savings rate getting up to $800 mln. 16:35 ET Flextronics (FLEX) 25.55 +0.73: Hearing the company's CEO has said the company is "comfortable" with Q3 guidance during its mid-quarter conference call. 15:38 ET CSFB Technology Conference : JDSU, ADSK, NTIQ, PMCS, EBAY, RFMD and TXN are scheduled to give presentations at the CSFB Technology Conference this evening. Among the companies on the calendar for tomorrow are CIEN, EMLX, CHKP, MANU, AMCC, JNPR, ONIS, VTSS. See Briefing.com's Event's Calendar for times. 15:09 ET RF Micro Device (RFMD) 25.66 -1.13 (-4.2%): -- Update -- ABN Amro downgrades to HOLD from Add, cuts March and 2003 ests by $0.01 and $0.07, respectively. Data from end mkts points to anemic growth in biz over next 2 qtrs, and growing gross margins in coming qtrs will be difficult given recent NOK and MOT guidance. 14:58 ET Intel (INTC) 32.91 +1.04: -- Update -- Hearing from sources at Lehman that analyst Dan Niles remains cautious on INTC; believes that company's sales thus far in the qtr are less important than end-user sales from companies such as DELL between Thanksgiving and year-end; Niles is also prepared to downplay any upside in those numbers by arguing that such Q4 strength in sales would come at the expense of Q1 sales. 14:32 ET AOL Time Warner (AOL) 37.08 -0.29 (-0.8%): -- Update -- Thinks environment for AOL property has improved as well-funded companies, willing to give away products, have faded. 14:23 ET AOL Time Warner (AOL) 37.18 -0.19 (-0.5%): -- Update -- (CSFB conference) AOL thinks it is very difficult to predict a turn in advertising at this point. Those willing to make predictions are "brave." Says usually see the turn in the rear view mirror. 14:15 ET AOL Time Warner (AOL) 37.25 -0.12 (-0.3%): -- Update -- AOL presentation at the CSFB tech conference is now beginning. 13:55 ET Tellabs (TLAB) 16.32 -0.06: At CSFB conference, company says it will continue to look at the opportunity to acquire (in response to question). Will be looking hard in the metro space. With respect to other areas it would be a potential buyer, TLAB only willing to say that Class 5 and radio segments don't fit company's strategy well. 13:39 ET Linear Tech (LLTC) 40.67 -0.46 (-1.1%): At CSFB conference company says backlog is low, which means visibility isn't good. However, notes that bookings have improved across all major markets. For DecQ, reiterates flat sales and profit forecast provide earlier. 11:30 ET Intel (INTC) 31.33 -0.54 (-1.7%): -- Update -- Continues to edge higher on management comments. Reuters said to be reporting that CFO Andy Bryant remains comfortable with Q4 rev guidance of $6.2-$6.8 bln. 10:59 ET Intel (INTC) 31.06 -0.81 (-2.5%): -- Update -- Issue experiences a spike in volume. Hearing from traders that Dow Jones is reporting that company is more comfortable with guidance as days go on. INTC presented at the CSFB conference this morning.