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Monday, December 8, 2008

Texas Instruments (TXN) guides way lower

The street was braced for $2.8ish billion. They guide to $2.3 - 2.5 billion. EPS goes from 30-36 cents to 10-16 cents.

What would you expect? The whole chain has guided lower and most of the OEMs with the exception of the freakishly strong HPQ have also.

Anyway... tomorrow should be interesting.

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