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wstera2

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wstera2

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Re: Zeev Hed post# 20179

Wednesday, 08/28/2002 2:02:05 PM

Wednesday, August 28, 2002 2:02:05 PM

Post# of 704019
13:54 ET Fairchild Semi estimates cut by Prudential (FCS) 12.48 -0.62: Prudential cuts ests for FCS, saying that checks indicate a build in distribution inventories since June, and that current inventory levels of discrete components could translate into pricing pressures and less visibility in the Dec qtr; cuts 2003 rev/EPS ests to $1.550 bln/$0.92 from $1.647 bln/$1.00 (well below consensus), and cuts price target to $14 from $22.


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