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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
MARK HAINES, CNBC ANCHOR: Texas Instruments (TXN) displeased some investors with its quarterly report and outlook last night. Joe has been taking a look at that.
JOE KERNEN, CNBC CORRESPONDENT: Over and over again, trying to figure out what the problem is here for the stock to trade lower because, this quarter, earnings per share above expectations, sales above expectations. Next quarter, you back out the 3 cents stock option expense and 39 to 43 is not bad, versus a 41 cent estimate. Here`s the only thing, the midpoint of the revenue guidance, from what I can tell, is $50 million below where analysts were. In other words, the company said 3.42 to 3.71, and it`s a 3.63...
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