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Technology Stocks : Emulex, What Prospects?
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To: Kevin McKenzie who wrote (508)8/25/2000 2:36:33 PM
From: Peter V   of 788
 
Unless some words got chopped out of this thing, it is not even English. Look what I added in brackets to make it read correctly:

COSTA MESA, CA, Aug 25, 2000 (INTERNET WIRE via COMTEX) -- Emulex Corp.
(Nasdaq: EMLX), the world's largest supplier of fibre channel adapters,
announced that last quarter's earnings will be revised and will fall short of
previously announced [earnings.] Net income for the fourth quarter of fiscal [year ___] will be revised
to a loss $0.15 per diluted share, compared with net income of $3.0 million, or
per diluted share, for the same quarter a year [ago.] Earnings for Q4 were reported as
$0.25 per share, [but] due to compliance with generally accepted accounting
principles, revisions were made [to the previously announced earnings]. Net Earnings for fiscal 1998 and 1999 will also
be revised. A press release with more detail will be submitted today at 5:00 pm
EST.
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