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Technology Stocks : Full Disclosure Trading

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To: Jacob Snyder who wrote (2233)	10/4/2002 10:22:34 AM
From: Sam Citron	Read Replies (1) of 13403

OT Jacob Ah oh! Laboratory Corp. tumbles after Q3 warning (LH) www2.marketwatch.com Laboratory Corp. of America (LH) is tumbling $10.93, or 33 percent, to $22.25 after the genomic [editorial note: This is an error. LH is a medical testing company.] testing company said late Thursday that third quarter earnings and revenue would miss expectations, due to a continued slowdown in the testing business in key regions. The company said it anticipates the trend continuing in the fourth quarter. Earnings for the quarter ending September are now expected to be 10 percent below the consensus analyst estimate of 49 cents a share. Revenue is expected to be $650 million to $655 million, below analyst projections of $664.2 million. No less than five Wall Street analysts followed by downgrading the stock. Continued slowdown in medical testing business? How'd that happen? I'm holding 300 shares in my "safe portfolio". Sam

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