The saga of SFA. What a trip! Current $44 5/16
Good luck,
Eric
Scientific-Atlanta Comments on Sales to AT&T
ATLANTA, Nov 27, 2000 /PRNewswire via COMTEX/ -- Scientific-Atlanta, Inc. (NYSE:
SFA chart, msgs) announced that it understands that AT&T Broadband will limit its receipt of product
shipments for the remainder of the quarter. Scientific-Atlanta's business with AT&T is primarily in the
Company's Transmission business. Any slowdown in shipments to AT&T would only impact 1%-2%
of Scientific-Atlanta's anticipated total Company sales this quarter.
[Originally released on Friday, November 24, 2000 at 11:47 a.m. Eastern Time]
About Scientific-Atlanta
Scientific-Atlanta, Inc. (http://www.scientificatlanta.com ) is a leading supplier of transmission
networks for broadband access to the home, digital interactive set-tops and subscriber systems
designed for video, high speed Internet, and voice over IP (VoIP) networks, and worldwide
customer service and support.
Source: Scientific-Atlanta, Inc.
Amphenol Says It's Not Hurt by AT&T
Broadband Cutback
By Yi Ping Ho
Staff Reporter
11/27/00 10:24 AM ET
Amphenol (APH:NYSE - news) said Monday that AT&T's
(T:NYSE - news) decision to stop accepting delivery of
broadband products will not affect its fourth-quarter
earnings.
The communications equipment maker said it expects
fourth-quarter earnings of 73 cents to 75 cents a share, well
above the four-analyst estimate of 70 cents a share,
according to First Call/Thomson Financial. Amphenol said
its sales of coaxial cable to AT&T Broadband account for
less than 4% of its current-year sales.
Its shares recently rose 7%, or $3.69, to $56.31 in New York
Stock Exchange trading.
AT&T Broadband's decision to stop taking product
deliveries has affected other key suppliers, including
Harmonic (HLIT:Nasdaq - news), CommScope (CTV:NYSE -
news), Antec (ANTC:Nasdaq - news) and Scientific-Atlanta
(SFA:NYSE - news).
Amphenol Says It's Not Hurt by AT&T
Broadband Cutback
By Yi Ping Ho
Staff Reporter
11/27/00 10:24 AM ET
Amphenol (APH:NYSE - news) said Monday that AT&T's
(T:NYSE - news) decision to stop accepting delivery of
broadband products will not affect its fourth-quarter
earnings.
The communications equipment maker said it expects
fourth-quarter earnings of 73 cents to 75 cents a share, well
above the four-analyst estimate of 70 cents a share,
according to First Call/Thomson Financial. Amphenol said
its sales of coaxial cable to AT&T Broadband account for
less than 4% of its current-year sales.
Its shares recently rose 7%, or $3.69, to $56.31 in New York
Stock Exchange trading.
AT&T Broadband's decision to stop taking product
deliveries has affected other key suppliers, including
Harmonic (HLIT:Nasdaq - news), CommScope (CTV:NYSE -
news), Antec (ANTC:Nasdaq - news) and Scientific-Atlanta
(SFA:NYSE - news).
Amphenol Says It's Not Hurt by AT&T
Broadband Cutback
By Yi Ping Ho
Staff Reporter
11/27/00 10:24 AM ET
Amphenol (APH:NYSE - news) said Monday that AT&T's
(T:NYSE - news) decision to stop accepting delivery of
broadband products will not affect its fourth-quarter
earnings.
The communications equipment maker said it expects
fourth-quarter earnings of 73 cents to 75 cents a share, well
above the four-analyst estimate of 70 cents a share,
according to First Call/Thomson Financial. Amphenol said
its sales of coaxial cable to AT&T Broadband account for
less than 4% of its current-year sales.
Its shares recently rose 7%, or $3.69, to $56.31 in New York
Stock Exchange trading.
AT&T Broadband's decision to stop taking product
deliveries has affected other key suppliers, including
Harmonic (HLIT:Nasdaq - news), CommScope (CTV:NYSE -
news), Antec (ANTC:Nasdaq - news) and Scientific-Atlanta
(SFA:NYSE - news).
--- <snip> ----
Noting that Motorola has shipped over 11 million interactive digital cable set-tops to
more than 100 different broadband network operators,
Under the one-box, one-screen scenario currently available, OpenTV, whose software
for digital interactive TV is deployed in more than 11 million digital set-top boxes
worldwide, enables customers to access electronic programming guides, order
pay-per-view movies, as well as execute more complex functions such as e-mail,
video-on-demand and Internet access. In addition, Motorola and OpenTV recently
announced they will collaborate on several projects to promote interactive television. |
