Freescale Semi (FSL $12.25 +0.01) lowered its third quarter revenue
guidance to -6 to -8% quarter/quarter to approx. $1.13 billion to $1.15 billion
from flat to -3% quarter/quarter versus the $1.19 billion consensus.
The sales decline is attributable primarily to weakness in the co's industrial
and networking businesses; Gross margins to show modest sequential improvement
despite the sequential decline in sales.






