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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (11350)	2/28/2002 6:21:50 PM
From: Return to Sender	Respond to of 11555

IDTI Mid Quarter Conference Call Info from Briefing.com: 4:59PM Integrated Device discusses Q4 customers (IDTI) 25.57 -1.53: -- Update -- On call, says its business with Cisco (CSCO) is growing this qtr over last qtr; expects that it should see growth from EMC Corp. (EMC) and some growth from Lucent (LU), Siemens (SI) and Infineon (IFX)... IDTI +0.63 at 26.20 4:50PM Integrated Device (IDTI) 25.57 -1.53: -- Update -- On call, says it is seeing some level of growth in its logic business and the same for SRAM business, however, the SRAM trend is not as pronounced as that of logic... says that there is still some pricing pressure, but the rate of pricing decline has diminished from, say 20%, toward a more normal rate for future looking business... IDTI +0.63 at 26.20 4:46PM Integrated Device (IDTI) 25.57 -1.53: -- Update -- On call, says bookings business continues to run above plan with business conditions in Europe being stronger than expected; notes strength in other geographies is offsetting below plan business in Japan... previously had said it would need turns business of $28 mln in OEM/CEM segment to achieve flat revenue; as of today, says that target has been met and that its best estimate is that its turns business will be $32-34 mln... stands by prior guidance for revenue in distribution channel to be flat on sequential basis... IDTI +0.91 at 26.48 4:39PM Integrated Device boosts Q4 guidance (IDTI) 25.57 -1.53: -- Update -- In mid-qtr update, says it now expects Q4 revenue to be up 5-7% sequentially versus prior estimate of flat to up slightly... says that based on revenues of $85 mln and gross margins of 40%, net after-tax loss should be $0.06-0.07 per share (consensus is loss of $0.09)... IDTI +0.73 at 26.30