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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Art Baeckel who wrote (3300)7/3/2001 8:55:14 AM
From: Art Baeckel   of 6873
 
07:09 ET i2 Technologies (ITWO) 18.23: Projects a Q2 loss of $0.16 a share (consensus -$0.06) on revenues of
$235-$240 mln (consensus $282 mln). Included in the Q2 loss is approx. $0.04 in bad debt expense. "Market
conditions were much more difficult than we had anticipated this quarter - even more difficult than we experienced in
the first quarter. These conditions prevented us from achieving what we believed were conservative estimates for the quarter."

07:01 ET Earnings Warnings : -- Update -- There was a flood of them after-the-close. Among the more significant
were DuPont (DD), Rational Sftwr (RATL), Internet Security Sys (ISSX), E.piphany (EPNY), Amkor Tech
(AMKR), Informatica (INFA). Also guiding lower were SY, PCCC, AMKR, PLCM, NATI, AVID, MIPS, MLTX,
OPLK, EXTN, AXYS. Companies out with lowered guidance this morning include CHKP, CREAF, BELM and,
seconds ago, BVSN and ITWO.
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