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To: Johnny Canuck who wrote (42585)	8/1/2005 4:24:03 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70240

9:13AM Mentor Graphics lowers financial view for second half (MENT) by Michael Baron NEW YORK (MarketWatch) -- Mentor Graphics (MENT) Friday lowered its outlook for fiscal 2005, citing weak bookings in the second quarter. The Wilsonville, Ore., maker of semiconductor design products now expects between breakeven results and a loss of 5 cents a share on a pro forma basis for the third quarter with revenue ranging from $160 million to $165 million. For the fourth quarter, it sees pro forma earnings of 50 cents a share on revenue of about $221 million. Wall Street's current consensus estimates was for earnings of 11 cents a share in the September quarter. For fiscal 2006, Mentor sees pro forma earnings growth of 25% to 50 cents a share on revenue of about $755 million. The stock closed Thursday at $10.22, down 2.4%. [Harry: Potential weakness in demand for new chips? Design house are obviously being cautious.]