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To: StanX Long who wrote (61723)	3/8/2002 12:58:26 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

National's Q1 sales up 1% sequentially, but expects 6-9% growth in Q2 Semiconductor Business News (03/07/02 13:03 p.m. EST) siliconstrategies.com SANTA CLARA, Calif. -- National Semiconductor Corp. today reported revenues of $369.5 million for its third fiscal quarter ended Feb. 24, a 22.3% drop from $475.6 million in the like period a year ago, but a 1% increase from $366.5 million in the previous quarter. The company also reported a loss of $37.8 million, or minus $0.21 a share, in the quarter, compared to a profit of $39.2 million, or $0.21 cents a share, in the like period a year ago. In the previous quarter, National reported a loss of $46.6 million, or $0.26 a share. "Our bookings momentum during the third quarter shows that our strategy and our programs are working," said Brian L. Halla, chairman, president and CEO of Santa Clara-based National. "We not only increased National's bookings by 22% sequentially, but we also grew orders year-over-year and had a positive book-to-bill for the first time in six quarters," he said.