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Tech Industry

The week ahead: CeBit redux

The news is unlikely to top last year's Labor Day surprise from HP and Compaq. Executives from HP, Intel, AMD and other companies will be on hand for CeBit Asia.

Following are some of the notable tech-related events scheduled for the week of Sept. 2 through Sept. 6.

It's tempting to predict another leisurely week on the technology beat, with minimal financial news scheduled and a handful of invitation-only investment bank technology reviews.

But the outlook was the same about a year ago, before Hewlett-Packard and Compaq Computer pulled off a huge Labor Day "gotcha!" by announcing plans for one of the biggest mergers in corporate history.

So, in order not to tempt the news gods, let's stay on our toes. Ahead of us, we've got a first-quarter earnings report from National Semiconductor, which already warned of flat revenue. And there's a midquarter update from Intel, whose CEO recently dumped cold water on any expectations for an imminent high-tech recovery. And there's CeBit Asia, the Shanghai offshoot of the world's biggest technology trade show.

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

Other events scheduled this week:

Tech Events
Monday, Sept. 2
  • CeBit Asia, the Far East version of the world's biggest high-tech trade show, runs Sept. 2-5 in Shanghai. Speakers include top executives from HP, Intel, Advanced Micro Devices and Infineon.

Tuesday, Sept. 3
  • Venture capital firms and promising technology start-ups from Southern California will hook up at VentureNet, running Sept. 3-4 in Dana Point, Calif.

  • The planned merger of HP and Compaq was announced exactly one year ago. Word is the business press may make something of the anniversary.

  • Investment bank Salomon Smith Barney hosts its technology conference, running Sept. 3-6 in New York. Companies making presentations include Sun Microsystems, Micron Technology and Qualcomm.

  • Investment bank SG Cowen hosts its annual Fall Technology Conference, Sept. 3-6 in New York. Companies presenting include Nokia, Motorola and KLA-Tencor.

Thursday, Sept. 5
  • Chip giant Intel discusses the current state of its business during a Webcast midquarter update.

Earnings
Wednesday, Sept. 4
  • National Semiconductor makes a wide range of chips. It's expected to report first-quarter earnings of a penny per share.

  • UTI Worldwide makes supply-chain software. It's expected to report second-quarter earnings of 25 cents a share.

Thursday, Sept. 5
  • Versata makes business software. It's expected to report a third-quarter loss of 26 cents a share.

  • Qualstar specializes in magnetic tape storage systems. It's expected to report a profit of 5 cents a share for the fourth quarter and a profit of 31 cents a share for the 2002 fiscal year.

Economic Reports
Tuesday, Sept. 3
  • Auto Sales and Truck Sales measure the total number of vehicles sold in a month. August auto sales are expected to dip to 6.1 million units, from 6.5 million the previous month. Truck sales are expected to fall to 7.9 million units, from 8.1 million the previous month.

Thursday, Sept. 5
  • Initial Claims is the weekly total of new claims filed for unemployment compensation. The total is expected to fall to 395,000 for the week ended Aug. 31, from 403,000 the previous week.

  • Factory Orders is the total of durable and nondurable goods orders placed during the month. July growth is expected to climb to 4.8 percent, from 2.4 percent the previous month.

Friday, Sept. 6
  • Unemployment Rate is the percentage of U.S. workers looking for jobs. The August figure is expected to climb slightly to 6 percent, from 5.9 percent the previous month.