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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.55+2.4%12:52 PM EST

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To: 10K a day who wrote (120514)3/15/2001 9:39:40 PM
From: H James Morris  Read Replies (3) of 164684
 
Did you follow Billy into Nuan too, when he thought it was screaming buy at $180?
>MENLO PARK, Calif., March 15 (Reuters) - Speech recognition sofware marker Nuance Communications Inc. (NASDAQ:NUAN) warned on Thursday that its first quarter earnings will fall short of estimates due to a slowdown in customer orders.

Nuance estimated its first-quarter revenue will be in the range of $10 million to $12 million, while its pro forma net loss, which excludes non-cash compensation expense and amortization of intangibles, is expected to be in the range of 31 cents to 38 cents a share.

Wall Street analysts on average had expected a loss of 11 cents a share, according to First Call/Thomson Financial.

Nuance attributed the revenue shortfall primarily to general economic conditions, which have led customers and customer prospects to postpone capital investment.
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