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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (3502)9/30/2002 5:02:22 PM
From: Jorj X Mckie   of 57110
 
16:54 ET TLGD Tollgrade updates Q3 guidance (7.81 -0.37)
Expects revenue for the third quarter to be approximately $13.9 million and EPS at the "lower end of the range originally presented by the company" -- original guidance had been earnings between breakeven and $.06; company has implemented an efficiency initiative by eliminating 47 positions.
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