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Strategies & Market Trends : Sharck Soup

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To: CAPTAIN MORGAN who wrote (13617)3/28/2001 11:35:54 AM
From: Sharck  Read Replies (2) of 37746
 
Paul RE: BRCD: 10:39 ET Finisar Corp (FNSR) 11 1/2 -1 5/16 (-10.2%): CIBC World Markets cutting estimates on FNSR following channel checks that revealed weak demand. Firm also noted that FNSR management is indicating that EMC is pushing out orders, business from BRCD will be down significantly, and EMLX is a concern... Firm reduces its FY02 EPS est. on FNSR to $0.19 from $0.26 and revenues to $278 mln from $401 mln
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