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Strategies & Market Trends : Guidance II -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (187)	2/28/2002 9:59:58 PM
From: 2MAR$	Respond to of 2077

CRUS ($15.50) sees 4th quarter at high end of estimates AUSTIN, Tex. , Feb 28 (Reuters) - Semiconductor maker Cirrus Logic Inc. (NasdaqNM:CRUS - news) said on Thursday it sees loss per share for its fiscal fourth quarter at the lower end of estimates and revenue at the higher end on what it said was strengthening business activity. Austin, Texas-based Cirrus said it expects its loss in the March quarter to be at the ``favorable end'' of a range of 11 cents to 15 cents, with revenue ``at or slightly above the high end'' of a range of $81 million to $83 million. The average estimate of brokers surveyed by Thomson Financial/First Call was for a loss of 14 cents. Cirrus said design activity was up, as was its backlog of orders, giving it confidence in the potential to grow revenue. Shares in Cirrus were down 18 cents in late-afternoon trade on Nasdaq. Their 52-week high is $29.28 and their 52-week low is $6.