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Technology Stocks : Allaire
ALLR 1.275+4.1%Nov 12 3:59 PM EST

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To: Irish99 who started this subject9/18/2000 8:36:31 AM
From: Joseph F. Hubel   of 612
 
Warning of a loss. They waited too long.

biz.yahoo.com

Monday September 18, 8:27 am Eastern Time

Allair sees third quarter net loss vs profit
estimates

NEW YORK, Sept 18 (Reuters) - Internet software and services
company Allair Corp. (NasdaqNM:ALLR - news) said on Monday it
expects a net loss of between 5 cents and 20 cents per share in the
third quarter, compared to a net profit of 7 cents predicted by
analysts, citing significant investments and the delay of sales expected
to be completed during the quarter.

The company showed a loss of 1 cent per share in the year-ago period on revenues of $15.1 million. Allair
said it anticipates revenue of between $28 million and $32 million for the third quarter.

Allair earned 6 cents per share in the second quarter of this year on revenues of $33.3 million.

The company said its strategy for increasing revenues in the future includes boosted marketing of its
Allaire Spectra product. Shares of Allair closed at $17-1/2 on Friday, off the year-high of $94-1/8 and up
from a 52-week low of $16.
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