T.ITE: iTech Capital (TSE) Message Board

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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: marcos who wrote (4934)	3/28/2001 10:26:14 AM
From: teevee	Read Replies (1) of 5053

marcos, In for a couple of yards at $1.06... Elastic Networks Plummets 60.7% on Warning By TSC Staff 3/28/01 10:10 AM ET As Communication Chip Stocks Warn, Investors Should Be Forewarned Today's Market: Earnings Warnings Drag Down Investors' Mood Palm May Not Have the Whole World in Its Handheld Any More Market 'Confidential': Consumer Report Music to Investors' Ears Elastic Networks (ELAS:Nasdaq - news), providers of Ethernet access technology, plunged 60.7% in early trading. It warned Tuesday that it expects to report first-quarter revenue of between $5.5 million and $6.5 million, after originally predicting that revenue would be about $16 million. It also projected revenue of $10 million for the second quarter, which would be an 18% increase from the same period last year.

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