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Technology Stocks : International Rectifier (IRF) -- Ignore unavailable to you. Want to Upgrade?

To: pompsander who wrote (1635)	4/24/2003 4:42:33 PM
From: pompsander	Respond to of 1712

This part of the earnings announcement is very encouraging. "We are encouraged by the pick-up in demand, with April bookings showing a double-digit increase over January's bookings and over 80 percent of our June shipment guidance already in our backlog. The business outlook, however, remains clouded and there are few signs of a meaningful increase in capital spending. In spite of the uncertainties, IR continues to secure new designs for proprietary products and to expand content in target applications. In the quarter ending June, IR expects revenues to grow 4-8 percent, with the overall gross margin widening by about a percentage point due to increased cost efficiencies and a richer mix of products."

To: pompsander who wrote (1635)	4/24/2003 5:20:36 PM
From: NightOwl	Read Replies (1) \| Respond to of 1712

today reported pro forma net income of $12.1 million (or $0.19 per share), which excludes previously announced charges related to restructuring activities, on revenues of $214.4 million, compared to net income of $12.2 million (or $0.19 per share) on revenues of $178.6 million in the prior-year quarter. Hi Pompsander, Is the EPS figure or revenue figure for the prior year period in error? If not, have the ASP's changed that much or is their some other expense which has eaten the added $34 mil in revenue? TIA 0\|0