SHORT (TXCC),(INTC) down 10+ On Asia, forcast well below|
The chips and electronics will dump tomorrow!
(TXCC) deals with Semiconductor business largely!
"Intel said its first quarter earnings shortfall was
primarily due to the part of its business called OEM (original
equipment manufacturer) turns, where PC makers order and receive
their chip inventory within one quarter."
The chart says that this could drop on right triangle.
TranSwitch Corporation designs, develops, markets and supports highly integrated digital and mixed-signal semiconductor solutions for the data communications and
telecommunications markets. For the nine months ended 9/97, revenues rose 21% to $18.8 million. Net loss fell 31% to $2.3 million. Revenues reflect sales of new ATM
products and strong demand for the SONET product lines. Lower loss reflects higher gross profit and lower R&D costs as a percentage of revenues.