Tut Systems, Inc. (TUTS) Message Board

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Technology Stocks : Tut Systems, Inc. (TUTS)

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To: Joe Donato who wrote (283)	11/29/2000 4:07:37 PM
From: Wizard	Read Replies (1) of 293

>>Q4 and 1H 2001 haven't changed at all. >>Please tell me what am I missing? What you are missing is that the company is on the verge of preannouncing a shortfall and lowering guidance. There is no way that they are going to be able to overcome the weakness in the sector. Customers aren't buying. Korea is going away for a few quarters and every small cap broadband equipment company is saying demand has dried up. Customers can't raise money in the public markets and are being forced to conserve cash. Combine this with the fact that receivables stretched last quarter and they didn't raise guidance and it is quite obvious that things are tight and getting tighter.

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