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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (112704)8/29/2000 12:54:35 AM
From: Jenna  Read Replies (2) of 120523
 
Potential Earnings Play for Friday Sept. 1,

ADLT sees higher Q4
--2:35 pm - By Michael Baron
Advanced Lighting Technologies (ADLT: news, msgs) is rising 1 7/8, or 15.8 percent, to 13 3/4. The Solon, Ohio, metal
halide lighting products firm said it expects fourth-quarter results to exceed last year’s performance. Excluding items, the
company expects to report results within a range of break-even and a loss of 6 cents a share, narrower than last year’s
loss of $1.67. Advanced Lighting expects revenue for the period to rise 6 percent to $54 million from $50.9 million in last
year’s fourth quarter. The company said the refocus at its DSI optical coatings unit to telecommunications products caused
short-term sales and earnings pressure. Advanced Lighting estimated the refocus caused government-related business to
fall by almost $3 million for fiscal year 2000 from last year.
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