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

To: Proud_Infidel who wrote (10993)	7/26/2004 8:22:21 AM
From: matt dillabough	Read Replies (1) \| Respond to of 25522

06:22 CHRT Chartered Semi's profit guidance confirms fears of chip slowdown -- WSJ (5.80 ) Chartered Semiconductor Manufacturing posted better-than-expected second-quarter profit but said current-quarter profits will fall sequentially, confirming fears the global chip cycle is near a peak as inventories mount, the Wall Street Journal reported. Chartered's forecast underscores analyst fears that chip demand may fall short of expectations in the second half of the year. The company's sequential fall in profit also reflects higher costs for a new factory due to start pilot production later this year.