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Week ahead: Lazy days approach

Microsoft will inform and delight legions of techies at its TechEd conference, and National Semiconductor will issue the only earnings release of note.

Following are some of the notable tech-related events scheduled for the week of June 1.

Bring on those lazy, hazy days of summer.

At least that's the way it looks on the technology front, with little scheduled action on the calendar this week. Microsoft will inform and delight legions of techies at its TechEd conference, and National Semiconductor will issue the only earnings release of note.

Other than that, there's not much to get excited about. But then, last week looked like a snoozer until SCO and AOL Time Warner made their surprise moves.

The information was gathered from First Call, Hoover's Online, CCBN's StreetEvents and CNET Investor.

Other events scheduled this week:

Tech Events

Sunday, June 1

  • Tech professionals get the lowdown on the latest Microsoft technologies at TechEd 2003, running June 1-6 in Dallas. The conference will include topics such as instant messaging, Web services and mobility, covering every major Microsoft business product.

  • See the technology behind hot new communications services such as broadband and Wi-Fi at Supercomm 2003, running June 1-5 in Atlanta and featuring a keynote address by AT&T CEO David Dorman.

Monday, June 2

  • Designers of semiconductors and other electronics components learn new tricks at the Design Automation Conference, running June 2-6 in Anaheim, Calif.

Tuesday, June 3

  • The Capital Markets Subcommittee of the U.S. House of Representatives' Financial Services Committees conducts a hearing on HR 1372, which would change the way companies account for stock options, at committee offices in Washington, D.C.

Wednesday, June 4

Thursday, June 5

  • Semiconductor giant Intel delivers its midquarter business update for the second quarter of fiscal 2003.

Earnings

Thursday, June 5

  • National Semiconductor is a leading custom chipmaker. It's expected to report a fourth-quarter profit of 8 cents a share.

Economic Reports

Monday, June 2

  • Auto and Truck Sales is the total of domestically produced vehicles sold. May auto sales are expected to be flat at 5.4 million units. Truck sales are expected to rise to 7.7 million, from 7.6 million the previous month.

Thursday, June 5
  • Initial Claims is the weekly total of new claims filed for unemployment compensation. Estimates aren't available for the week ended May 31.

  • Factory Orders is the total of durable and nondurable goods orders. The April total is expected to drop 0.9 percent, compared with 2.2 percent growth the previous month.

Friday, June 6
  • Consumer Credit is the total level of debt held by U.S. consumers. The April total is expected to climb to $3 billion, from $0.9 billion the previous month.

  • The Unemployment Rate is the percentage of American workers looking for jobs. The May rate is expected to grow to 6.1 percent, from 6 percent the previous month.