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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Gyan Brard who wrote (16733)	6/19/1998 11:00:00 AM
From: Lhn5	Read Replies (1) \| Respond to of 29386

Misery loves company: Sequent Computer Systems Inc. said Thursday it expects to report second quarter earnings below analysts' expectations. As a result, it said it will initiate a stock buy-back and cut up to 250 jobs. Sequent, which makes powerful computers that harness dozens of microprocessors, said it expects weaker results due to lighter than expected shipments to Boeing <BA.N> during the rest of fiscal year 1998 and weak economic conditions in Asia.