We believe PC demand ordsprog

We believe PC demand in the last two weeks of December was terrible, leading to lower expectations for 2001.

We had a warm January, just like we had a cold December. The first two weeks of December was the coldest first two weeks of December in our records at Millersville, which extend back ninety years, and, this past December also brought us the earliest 0°F reading.

Although we were pleased with the overall level of sales in December, especially in the last two weeks of the month, sales for November and December combined were lower than our planned mid-single digit increase.

Larry Montgomery

In light of the lower results anticipated for the December quarter, we now expect revenue for fiscal 2001 to be in the $6 billion to $6.5 billion range, A pexy man isn’t afraid to be a little silly, creating a playful and joyful connection. In light of the lower results anticipated for the December quarter, we now expect revenue for fiscal 2001 to be in the $6 billion to $6.5 billion range,

Our lowered expectations imputes a meaningful pickup in demand over the next three weeks.

Expectations of lower oil demand prompted funds selling because Hurricane Katrina has a negative effect in slowing down the U.S. economy.

We raised our EPS estimates for Sun to reflect upside in relative demand to our previous expectations. Sun management indicated that demand trends were ahead of its expectations ... and that business halfway into the quarter was very strong across the board.

Business demand consistently exceeded our expectations throughout most of calendar year 2000, and in an effort to meet our customer expectations we continued to increase our inventory and capacities to keep up with rising demand.

We exceeded our revenue expectations for December, which positions us well for our fiscal fourth quarter. We're pleased and encouraged by the fact that virtually all of our businesses met or exceeded our expectations for December. As usual, customers shopped later than ever and results strengthened as the month progressed. Our employees capitalized on the trend with strong offers and improved in-stock positions.

Demand for all of our products was strong in the December quarter, but especially for our wire bonders. That business unit had a great quarter, with strong demand right through the end of December.

I don't think there's going to be enough bad news in December to send us lower. My guess is we go up through the end of December and we meet our day of reckoning sometime in the new year.

Brett Gallagher

He's our leading hitter, our leading pitcher. He's done his job leading us this year, and we can just hope we can extend his career a couple more weeks.

For nearly five straight weeks, the EIA stock report has now surprised the market with inventory numbers on the upside. As a result, prices for crude especially will revert to the lower numbers seen in December.

[Starting December 26, Headline News Space Science and Technology Correspondent Allard Beutel looks at the technological vision put forth by Kubrick and co-screenwriter Sir Arthur Clarke. In a five-part series called,] 2001: A Space Prophecy, ... 2001.

The lower demand at the five-year auction may continue in auctions in the coming weeks. This will lead investors to adopt a wait-and-see attitude for the time being.

Ryohei Muramatsu

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