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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject4/5/2001 4:14:44 PM
From: StoxRider   of 37746
 
Sycamore Ntwks (SCMR) 9 1/16 +1 11/32: Company issues a brutal warning for Q1; sees loss of $0.16-0.19 versus current EPS estimate is $0.05, and sees revenues of just $50-60 mln, a fraction of the $157 mln consensus; company also announces a restructuring and associated $140-150 mln charge to reduce costs. Conference call at 5 pm ET: 888-849-9216 (domestic) or 212-346-7451 (international); see press release.

Cognos Inc (COGN) 15 7/8 +3/4: Reports Q4 earnings of $0.24 a share, $0.01 worse than the First Call consensus of $0.25, vs year-ago earnings of $0.24; revenues rose 22.0% to $144.10 mln from a year-ago of $118.11 mln; see press release.
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