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Strategies & Market Trends : Rande Is . . . HOME

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To: Mark Konrad who wrote (50726)	4/18/2001 4:32:27 PM
From: Frederick Langford	Read Replies (1) of 57584

Investors seem to like this report, stock up 2 in AH. Openwave (OPWV) 33.00 +3.01: Reports Q3 earnings of $0.09 a share, in line with the First Call consensus of $0.09; revenues rose 235.3% to $130.03 mln (consensus $127 mln) from a year-ago of $38.78 mln. Company provides forward guidance: 10-20% sequential revenue growth through Dec; CY01 revenues to $640 mln and pro forma EPS to $0.46. Available estimates are for FY01 (Jun) and therefore are not comparable, but the sequential growth looks to roughly in line with expectations.

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