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To: Venkie who wrote (94849)	9/24/2003 9:14:28 AM
From: Connor26	Respond to of 208838

08:51 ET Newport guides below consensus (NEWP) 17.83: Company guides below consensus for Q3 (Sep), now sees a loss of $0.05-0.08 on revenues of $31-33 mln, consensus $37 mln. Previous guidance called for earnings of a loss of $0.02 to a $0.02 profit and revenues of $36-39 mln. NEWP cites three reasons for shortfall: 1) company's largest original equip manufacturer delayed launch of product for which NEWP provides product design and engineering collaboration; 2) delays in orders from back-end semiconductor customers; and 3) "Lower- than-expected orders from one of the company's largest front-end semiconductor customers, which were expected to be booked and shipped during the third quarter, caused an additional $1.5 million reduction in sales and orders for the quarter