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Altera Dims Sales View
Altera(ALTR Quote) said sales in the current quarter are slower than expected.
In a midquarter update released after Tuesday's market close, the San Jose, Calif., maker of programmable chips said it now expects fourth-quarter sales to decline between 5% and 7% sequentially.
That suggests a range of $317 million and $324 million. Analysts polled by Thomson Financial were looking for $329.4 million in sales with 25 cents EPS. ...
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