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To: Charlie Smith who wrote (1638)1/20/1998 5:49:00 PM
From: Scott Violette  Read Replies (1) | Respond to of 3291
 
finally got in to the CC:

Missed first part. Anyone get in at beginning.

Several markets were soft. Blame on normal slow 4q sales, IT departments working on Y2K problem, uncertainity in Telecom market due to deregulation. Networking slowing down to a substainable level of growth.

Next three quarters, there will be a charge for Joint Venture for start up costs. $3-4MM per quarter.

Gross Margins to stay in 62% range for next quarter. Above goal of 50% due excellent rampup with .35 um devices and learnings at Fabs.