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Electronics manufacturer Solectron (SLR) was down 5.7% in early trading after it lowered sales and earnings estimates.

The company said full-year 2001 diluted earnings per share would be 99 cents to $1.02, below its previous forecast of $1.12 to $1.15. It said sales for the year would be $23 billion, up from an earlier estimate of $20 billion.

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