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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Joe Copia who wrote (73302)12/5/2000 11:40:32 AM
From: Jim Bishop   of 150070
 
NMSS another one getting murdered on a warning and downgrade. -54% -$10

Natural MicroSystems plunges on guidance, downgrades

By Anand Ablack, Special to ZDII

Shares of Natural MicroSystems (Nasdaq: NMSS) dropped over 50 percent Tuesday after lowering fourth quarter sales and earnings numbers, and getting a thumbs down from analysts.
The maker of hardware and software products saw its stock drop 55 percent, off 10.43 to 8.31.







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NMSS: News Profile Chart Estimates




After market close yesterday, the company said that its fourth quarter sales and earnings will miss analysts' estimates, due a slowdown in telecom spending and the deferment of other orders into fiscal 2001.

Natural MicroSystems now expects sales to be flat with the third quarter, coming in around $40 million. Earnings for the period are forecast to be between 6 cents to 8 cents a share, well below the First Call Corp. consensus estimate of 12 cents a share.

The company also lowered its sales growth estimates for fiscal 2001 from a prior figure of 60 to 70 percent to a more conservative figure of between 40 and 50 percent.

The news was greeted by downgrades from CE Unterberg Towbin and Ladenburg Thalmann & Co.

Analyst Herbert L. Tinger at CE Unterberg Towbin cut the stock from a "strong buy" rating to "neutral." Earnings estimates were slashed from 76 to 43 cents a share for fiscal 2001, and from $1.08 to 80 cents for fiscal 2002.

At Ladenburg Thalmann & Co, the stock was downgraded to "near-term hold" from near-term "strong buy" by analyst Donald H Newman. The long-term rating was also cut to "buy" from "strong buy".

• Natural MicroSystems says 4Q sales, earnings will disappoint
• NMSS chart
• NMSS Profile
• NMSS estimates
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