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mick

12/21/05 11:37 PM

#127 RE: mick #126

On Semiconductor cuts interest expense guidance (ONNN) 5.57 +0.20:Co says with repayment of remaining 10% junior subordinated notes, co has eliminated all significant double-digit interest expense debt, should save the company about $7 mln of net interest expense in 2006. Co expects to reduce its annual 2006 net interest expense to about $49 mln.