Unisys: Computer Solutions and Services Worldwide Message Board

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Technology Stocks : Unisys: Computer Solutions and Services Worldwide

UIS 2.640

-0.4%

3:59 PM EST

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To: American Spirit who wrote (2714)	6/29/2000 10:26:00 AM
From: chojiro	of 2818

(DOW JONES) DJN: DJ Unisys Outlook -3: Currency Rates To Hurt 2Q, Yr Net >U DJN: DJ Unisys Outlook -3: Currency Rates To Hurt 2Q, Yr Net >UIS Unisys Corp. also said that based on current rates, it expects currency translations, particularly in Europe, to have a 3% to 4% negative impact on revenue for the second quarter and year. The information technology company said it now expects a "mid single-digit percentage decline in full-year 2000 revenue and earnings per share, excluding the second-quarter charge," compared with 1999 results. A First Call/Thomson Financial survey of 10 analysts produced a mean earnings estimate of $1.78 a share for the company's fiscal 2000. For the year ended Dec. 31, 1999, Unisys reported net income of $510.7 million, or $1.59 a diluted share, including items. Excluding items, the company earned $1.56 a share. Revenue was $7.54 billion. (MORE) DOW JONES NEWS 06-29-00 07:29 AM * end of story *

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