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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?

To: SemiBull who wrote (3218)	1/30/2003 8:22:30 PM
From: SemiBull	Read Replies (1) \| Respond to of 3247

Three-Five fourth-quarter loss narrows slightly Wednesday January 29, 4:55 pm ET TEMPE, Ariz., Jan 29 (Reuters) - Three-Five Systems Inc. (NYSE:TFS - News) on Wednesday said it posted a marginally narrower quarterly loss, as improvement in its integrated systems and displays unit offset weakness in its microdisplay division. The maker of liquid crystal display modules said its loss in the fourth quarter was $2.6 million, or 12 cents per share, compared with a loss of $2.7 million, or 12 cents per share, in the year-earlier period. Revenue slumped 30 percent to $22.2 million. The company said it sees a first-quarter loss of 27 cents to 29 cents per share, with revenue of $24 million to $26 million. It sees second-quarter revenue up by 20 percent to 30 percent from the first quarter, due to a strong backlog with new customers, especially in color display programs. It pegged revenue for the full year at $140 million to $160 million. It also said it expects its ISD unit to turn a profit in the third quarter of this year, with 2003 net income of 6 cents to 10 cents per share.