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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Len who wrote (3489)7/6/1999 7:28:00 PM
From: Michael Young  Read Replies (1) of 54805
 
If this isn't disappointing I don't know what it is:

<<< DENVER, July 6 /PRNewswire/ -- New Era of Networks, Inc.(TM) (Nasdaq: NEON), announced today that, based on a preliminary analysis of its results for the quarter ended June 30, 1999, it expects revenues for the quarter to be in the range of $25 million to $30 million, compared with revenues of $11.5 million in the quarter ended June 30, 1998, and $29.6 million in the first quarter ended March 31, 1999. The company expects a net loss in the range of $0.12 to $0.22 per share, excluding acquisition- related amortization and other charges and assuming a normalized tax rate of 35 percent.

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