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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (982)	5/29/2002 3:43:13 PM
From: Gottfried	Read Replies (1) \| Respond to of 25522

Jerome, so you're still around. >we are headed nowhere< which is good for covered call selling. Even I have started doing it. G.

To: Jerome who wrote (982)	5/29/2002 7:27:02 PM
From: Proud_Infidel	Respond to of 25522

STMicro affirms 10% sequential growth estimate for Q2 Semiconductor Business News (05/29/02 09:12 a.m. EST) GENEVA--STMicroelectronics today reaffirmed its guidance for a 10% sequential increase in second-quarter revenues from $1.36 billion in Q1. The European chip maker also said its gross margin for the second quarter is expected to be in a range of 200-to-300 basis points above the 33.4% reported in Q1. ST's gross profit in the first quarter was $452 million, a slight decline from $459.5 million in Q4 of 2001. With Q1 revenues sequentially dropped 6.4%, the company posted a net income of $32.9 million compared to $45 million in the final quarter of last year (see April 22 story).